Because the calculation of taxable income is based on the total income of an enterprise in each tax year, and each income has its objective situation of inter-year realization, therefore, in order to accurately determine the amount of income realized in a tax year, the tax law stipulates that:
The calculation of taxable income of enterprises is based on accrual basis.
The income from the following business activities of an enterprise can be determined by stages, and the taxable income can be calculated accordingly:
(1) Where products or commodities are sold by installment, the realization of sales revenue can be determined according to the date when the products or commodities are delivered and invoiced, or according to the date when the buyer pays the price as agreed in the contract.
(2) If the duration of construction, installation and assembly works and provision of labor services exceeds 65,438+0 years, the realization of income can be determined according to the completion schedule or workload.
(3) If the processing and manufacturing of large-scale machinery, equipment, ships, etc. for other enterprises lasts for more than 1 year, the realization of income can be determined according to the completion progress or the workload completed.
Reasonable expenses actually incurred by extended information enterprises, including costs, expenses, taxes, losses and other expenses, are allowed to be deducted when calculating taxable income. ?
If the public welfare donation expenses incurred by an enterprise are within 12% of the total annual profit, they are allowed to be deducted when calculating the taxable income. ?
(1) Dividends, bonuses and other equity investment income paid to investors; ?
(2) enterprise income tax; ?
(3) tax late fees; ?
(four) fines, fines and confiscation of property losses; ?
(5) Donation expenditures other than those specified in Article 9 of this Law; ?
(6) sponsorship expenditure; ?
(7) Unapproved reserve expenditure;
(eight) other expenses unrelated to income. ?
Baidu encyclopedia-taxable income of enterprise income tax
Baidu Encyclopedia-People's Republic of China (PRC) Enterprise Income Tax Law