It means an explanation of the delay loss. According to the relevant announcement, the longest carry-over period of losses incurred by enterprises in difficult industries that are greatly affected by the epidemic has been extended from 5 years to 8 years. Enterprises in difficult industries such as transportation, catering, accommodation and tourism shall be judged according to relevant management.

Second, analysis

Loss is the symmetry of profit. Refers to the net loss of an enterprise in a certain period of time, which is an important indicator to comprehensively reflect the production and operation achievements of an enterprise in a certain period of time. There are two kinds of losses: policy losses and operating losses. Policy loss, also known as planned loss, means that the sales price of some commodities is lower than the purchase price, or equal to the purchase price, or the sales price is slightly higher than the purchase price, but it is not enough to make up for the planned loss caused by circulation expenses.

3. How long will the compensation period be extended?

As one of the seven tax reduction measures, enterprises with the qualifications of high-tech enterprises or small and medium-sized high-tech enterprises in that year are allowed to carry forward the losses that have not been made up in the first five years of the qualification year to make up in the following years, and the longest carry-over period is extended from five years to 10 year.