According to the provisions of the People's Republic of China (PRC) Tax Law and the national tax law, the benefits and bonuses paid by enterprises to employees shall be subject to corresponding taxes. For the case that the company distributes the purchased drinks as employee benefits, it needs to be handled reasonably because it involves tax issues. First of all, it is necessary to find out the type, quantity and amount of drinks distributed so as to calculate the tax payable. Secondly, the number of drinks distributed should be included in the company's cost as a payment for income. Finally, pay taxes and declare according to regulations. It should be pointed out that enterprises can take legal and compliant tax-saving measures when distributing employee benefits. For example, tax incentives can be achieved by providing commercial insurance for employees and paying housing provident fund. In addition, tax planning can be adjusted in time according to changes in tax policies and regulations to achieve better tax benefits.
How to minimize the tax paid by enterprises under the premise of legal compliance? Enterprises can take various legal and compliant tax-saving measures, such as increasing R&D investment and adjusting enterprise organizational structure. In addition, reasonable financial management can be carried out, such as issuing legal and compliant invoices, timely accounting accounts, selecting appropriate accounting policies, etc., to reduce the tax paid by enterprises.
When the company distributes the purchased beverages as employee benefits, it shall conduct tax treatment according to relevant regulations. Enterprises should be legal and compliant in tax planning, and try to take various tax-saving measures to minimize the taxes paid by enterprises.
Legal basis:
Article 67 of the Enterprise Income Tax Law of People's Republic of China (PRC), welfare, gifts, condolences and other expenses distributed by enterprises shall be regarded as wages and salary income in accordance with relevant regulations, and individual income tax shall be levied in accordance with the provisions of the Individual Income Tax Law.