Enterprise income tax is the income tax levied on the production and operation income and other income of Chinese enterprises and other organizations with income. The enterprise income tax rate is 25%, and the non-resident enterprise is 20%. The calculation formula is as follows:

Payable enterprise income tax = current taxable income * applicable tax rate

Taxable income = total income-deductible item amount

Tips: The above explanations are for reference only.

Reply time: 2020- 12-23. Please refer to the latest business changes announced by Ping An Bank in official website.

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