How is the time of revenue recognition for corporate income tax when the tax liability occurs ?

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The timing of the recognition of general revenue.

Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China stipulate:

1. Dividends, bonuses and other equity investment income, unless otherwise stipulated by the competent financial and tax authorities, shall be recognized according to the date on which the investee makes the profit distribution decision;

2. Interest income, the realization of income shall be recognized according to the date of interest payable by the debtor as agreed in the contract;

3. Rental income, which shall be recognized according to the date of rent payable by the lessee as agreed in the contract;

4. The realization of royalty income shall be recognized in accordance with the date on which the concessionaire shall pay the royalties agreed in the contract;

5. Accept the donation income and recognize the realization of the income according to the date of actual receipt of the donated assets.

2. Timing of recognition of special income.

Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China stipulate:

1) The following production and operation operations of the enterprise can be recognized in installments for the realization of income:

1. If the goods are sold in installments, the realization of revenue shall be recognized according to the payment date agreed in the contract;

2. If an enterprise is entrusted with the processing and manufacturing of large-scale machinery and equipment, ships, aircraft, as well as engaged in construction, installation, assembly engineering business or the provision of other labor services, etc., for a duration of more than 12 months, the realization of income shall be recognized according to the completion progress or completed workload within the tax year.

2) If the income is obtained by means of product sharing, the realization of the revenue shall be recognized according to the date on which the enterprise obtains the product, and the amount of income shall be determined according to the fair value of the product.

Extended information: Taxation refers to a standardized form of taxation in which the state participates in the distribution of social products and obtains fiscal revenue compulsorily and free of charge in order to provide public goods to the society and meet the common needs of the society in accordance with the provisions of the law. Taxation is a very important policy tool.

Taxation is the most important form of revenue for the state's public finance. The essence of taxation is a special distribution relationship formed by the state to participate in the distribution of national income and compulsorily obtain fiscal revenue by virtue of public power and in accordance with the standards and procedures prescribed by law in order to meet the public needs of society. It embodies a specific distribution relationship between the state and taxpayers in the distribution of benefits from collection and taxation under a certain social system.

The time of recognition of enterprise income tax income is different in different ways.

1. The method of collection and acceptance is adopted.

Confirmation when the collection procedures are completed.

2. Advance payment is adopted.

Confirm when you ship the product.

3. The product needs to be installed and inspected.

1) General: Confirmation when the buyer accepts the product and the installation and inspection is completed.

2) The installation procedure is relatively simple: confirm when the product is shipped.

4. If the consignment is entrusted by paying the handling fee, it will be confirmed when the consignment list is received.

5. If the installment payment method is adopted, it shall be confirmed according to the payment date agreed in the contract.

6. If the income is obtained by means of product sharing, it shall be recognized according to the date on which the enterprise obtains the product.

Extended Information:1The time of enterprise income tax revenue recognition, the time of accounting income recognition, and the time of occurrence of VAT tax liability are distinguished

Time of recognition of enterprise income tax: subject to the enterprise income tax law and relevant regulations, unless otherwise specified, the accrual system shall be implemented. The difference between the recognition of enterprise income tax revenue and the recognition of accounting income is handled through tax adjustment and does not need to be adjusted.

Enterprise income tax is a kind of income tax levied on the production and operation income and other income of enterprises and other organizations that obtain income within the territory of China.

Taxable objects. 1 Resident enterprises shall pay enterprise income tax on their income within and outside China.

2. If a non-resident enterprise establishes an institution or place in China, it shall pay enterprise income tax on the income obtained by the institution or place in China, as well as the income that occurs outside China but is actually connected with the institution or place it has established.

If a non-resident enterprise does not set up an institution or place in China, or if it has established an institution or place but has no actual connection with the income obtained from the establishment of the enterprise or place it has set up, it shall pay enterprise income tax on its income in China.

3 **Determination of income within and outside China.

The income obtained by the enterprise from various ** in monetary and non-monetary forms is the total income.

Summary. The occurrence time of enterprise income tax liability refers to the time point when the taxable income of enterprise income tax is formed. According to the provisions of the Enterprise Income Tax Law, the occurrence time of enterprise income tax liability is mainly as follows:

The occurrence time of enterprise income tax liability refers to the time point when the taxable income of enterprise income tax is formed. According to the provisions of the "Enterprise Income Tax Law", the main combustion loss of the tax liability of the jujube income of the enterprise shall be bent in several situations

The corporate income tax payment deadline expires. The enterprise income tax payment period is from March 1 to April 30 of each year, and in accordance with the provisions of the Tax Xunyuan Law, the enterprise shall declare the taxable income of the enterprise income tax to the tax authorities within the tax payment period, and pay the tax due to the state of Chang Na Mu.

The actual time when the enterprise income tax is actually incurred in the current period. The actual occurrence time of enterprise income tax refers to the time point when the taxable income of enterprise income tax is actually formed. According to the provisions of the tax law, the enterprise income tax shall calculate the taxable income of the current Fanshizhi income tax, which shall be based on the income, expenses and costs of the actual consumption of the enterprise in the current period.

Time of corporate income tax liquidation. The time of enterprise income tax liquidation refers to the time point when the taxable income of enterprise income tax is calculated and paid when the enterprise is liquidated. The difference in enterprise income tax settlement refers to the settlement carried out by the enterprise due to the termination of operation, merger, division, restructuring and other reasons.