According to official website, enterprise income tax income tax = taxable income multiplied by tax rate, taxable income = total income-non-taxable income-tax-free income-deductions-losses in previous years.

tax payer

In People's Republic of China (PRC), enterprises and other organizations with income (hereinafter referred to as enterprises) are taxpayers of enterprise income tax. Taxpayers of enterprise income tax include all kinds of enterprises, institutions, social organizations, private non-enterprise units and other organizations engaged in business activities. A sole proprietorship enterprise or partnership enterprise is not a corporate income tax payer.

Enterprise income tax adopts the dual jurisdiction of income source jurisdiction and resident jurisdiction, divides enterprises into resident enterprises and non-resident enterprises, and determines different tax obligations respectively.

1. Resident enterprises refer to enterprises established in China according to law, or enterprises established according to the laws of foreign countries (regions) but with actual management institutions in China.

2. A non-resident enterprise refers to an enterprise established in accordance with the laws of a foreign country (region), whose actual management institution is not in China, but has an institution or place in China, or has income from China although it has no institution or place in China.