When is the specific time of the annual corporate final settlement?

1. Time of final settlement.

Within 5 months after the end of a tax year (January 1 to May 31 of the following year).

2. Objects of final settlement.

There are two objects for final settlement:

1. Enterprises that implement audit and collection;

2. Enterprises that implement the approved taxable income rate. Regardless of whether the profit or loss is within the reduction period, the enterprise shall make final settlement in accordance with the regulations.

3. Enterprises that implement the approved and fixed amount of enterprise income tax shall not be subject to final settlement.

3. Final settlement.

1. Final settlement. On the basis of the prepayment within 15 days after the end of the month or quarter, the annual payable, compensation and tax refund payable shall be calculated and determined.

2. Declaration. Fill in and submit the annual corporate income tax return and its schedules, as well as other materials required by the tax authorities.

3. Payment. Final settlement refers to the summary settlement and payment of income tax and certain other taxes subject to the method of prepayment of taxes after the end of the year. Income tax and other taxes are usually levied on the basis of the taxpayer's annual taxable income, and after the end of the year, the tax is calculated and levied according to the annual taxable income according to the tax rate stipulated in the tax law.

In order to ensure the timely and balanced storage of taxes, in actual work, the collection method of prepayment of taxes in months and quarters, year-end final settlement and payment, and excess refund and deficiency compensation is generally adopted. Monthly, quarterly, prepayment, generally according to the taxpayer's current quarter (month) tax basis to calculate the tax payable, and the annual final accounts of the tax basis is often difficult to be completely consistent, so at the end of the year, must be based on the taxpayer's financial accounts for summary calculation, tax payment, the prepaid tax to implement the tax refund and deficiency compensation.

Enterprises filing tax returns are divided into monthly or quarterly prepayment, and shall submit the prepayment of enterprise income tax return to the tax authorities within 15 days from the date of the end of the month or quarter to prepay the tax. The enterprise shall, within 5 months from the date of the end of the year, submit the annual enterprise income tax return to the tax authorities, and settle the final settlement and tax refund payable.

The final settlement of enterprises is from January to May of each year. If the taxpayer finds that the annual declaration of enterprise income tax is incorrect, it can make a correction declaration, and no late payment penalty will be charged if it involves the payment of back tax.

The operation process of final settlement is as follows:

1. Fill in the income tax return form and attach relevant materials: within four months after the end of the current year, the business operator shall make tax adjustment on the basis of the financial report and fill in the income tax return form and notes for the current year, and apply for the tax declaration of the current year to the tax bureau;

2. The tax bureau will review the application and approve the materials declared;

3. Actively correct the improper and accurate places in the declaration;

4. Pay off the tax: the operator shall pay the tax within 4 months after the end of the year according to the amount of income tax payable for the whole year and the tax to be supplemented and refunded confirmed by the tax bureau;

5. Apply for deferred tax payment.

Administrative Measures for the Final Settlement and Payment of Enterprise Income Tax".

Article 2. The final settlement of enterprise income tax refers to the calculation of the taxable income and the amount of income tax payable in the current tax year within 5 months from the date of the end of the tax year or within 60 days from the date of termination of the actual operation, in accordance with the provisions of tax laws, regulations, rules and other relevant enterprise income tax, and determine the amount of tax payable or refundable in the tax year according to the amount of monthly or quarterly prepaid enterprise income tax, and fill in the annual tax return of enterprise income tax, and handle the annual tax declaration of enterprise income tax to the competent tax authoritiesProvide the relevant information required by the tax authorities and settle the annual enterprise income tax.

1. When is the time for final settlement?

1. The final settlement is from January 1 to May 31 every year. For example, the 2013 corporate income tax is settled from January 1 to May 31, 2014. Generally, domestic enterprises need to submit the declaration materials to the tax authorities within 15 days after the end of the month or quarter.

2. Legal basis: Article 54 of the Enterprise Income Tax Law of the People's Republic of China.

Corporate income tax is paid in advance on a monthly or quarterly basis.

Enterprises shall, within 15 days from the date of the end of the month or quarter, submit the prepayment of enterprise income tax return to the tax authorities and pay the tax in advance.

The enterprise shall, within five months from the date of the end of the year, submit the annual enterprise income tax return to the tax authorities, and settle the final settlement and tax refund payable.

When submitting the enterprise income tax return, the enterprise shall attach the financial accounting report and other relevant materials in accordance with the regulations.

2. What materials should be prepared in the process of final settlement of enterprise income tax?

The materials to be prepared for the final settlement of enterprise income tax include:

1. A copy of the business license, the national and local tax registration certificate, the organization certificate, and the foreign exchange registration certificate, and the copy of the foreign exchange registration certificate applicable to foreign enterprises shall be stamped;

2. The balance sheet, income statement and cash flow statement of the current year are sealed;

3. Audit report of the previous year and verification report of the final settlement of income tax of the previous year;

4. Copies of local tax comprehensive declaration form and value-added tax return form stamped;

5. The electronic receipts of each tax in January are stamped;

6. A copy of the quarterly prepayment tax return of enterprise income tax shall be stamped;

7. The general ledger and sub-ledger include the expense sub-ledger and accounting vouchers;

8. Cash inventory table, bank statement and balance reconciliation statement are stamped;

9. The inventory table of fixed assets, the detailed statement of fixed assets and depreciation are sealed;

10. Copies of tax authority documents and relevant supporting documents enjoying preferential policies.

The annual reconciliation time of the enterprise is within 5 months from the date of the end of the tax year. If a taxpayer needs to liquidate the enterprise income tax if it is dissolved, bankrupt, revoked or other termination of production and operation in the middle of the year, it shall report to the in-charge tax authority before the liquidation, and make final settlement within 60 days from the date of termination of the actual operation, and settle the enterprise income tax payable and refundable; If the taxpayer terminates the tax liability in accordance with the law under other circumstances, it shall, within 60 days from the date of cessation of production and operation, go through the final settlement and payment of the current enterprise income tax with the in-charge taxation authorities.

Administrative Measures for the Final Settlement of Enterprise Income Tax".

Article 2. The final settlement of enterprise income tax refers to the calculation of the taxable income and income tax payable in the current tax year by the taxpayer within 5 months from the date of the end of the tax year or 60 days from the date of termination of the actual operation, in accordance with the provisions of tax laws, regulations, rules and other relevant enterprise income tax, and determine the amount of tax payable or refundable in the tax year according to the amount of monthly or quarterly prepaid enterprise income tax, and fill in the annual tax return of enterprise income tax. Handle the annual tax declaration of enterprise income tax with the in-charge tax authorities, provide the relevant information required by the tax authorities, and settle the annual enterprise income tax payment.