Can an enterprise pay income tax to make up for the losses of previous years?

It should be the first to declare the prepayment of income tax, when the year-end final settlement is paid, there is a profit this year to make up for the loss of the previous year, and there is no profit this year when the year-end final settlement is paid, there is no need to make up for it, there is a profit in the first quarter of this year, but you are not necessarily in the 2nd, 3rd and 4th quarters, if you use the first quarter profit to make up for the loss in the 2nd, 3rd and 4th quarters, you have to adjust at the end of the year It is also very troublesome. Therefore, it is not possible to make up for it with quarterly profits first, but to make up for it with year-end reconciliation and annual profits.

1.Article 18 of the Enterprise Income Tax Law stipulates that losses incurred in the tax year of an enterprise shall be allowed to be carried forward to the following years and made up with the income of the following years, but the maximum period of carry-forward shall not exceed five years.

2.Article 10 of the Enterprise Income Tax Regulations clearly states that the term "loss" in Article 5 of the Enterprise Income Tax Law refers to the amount of the total income of the enterprise in each tax year less than zero after deducting the non-taxable income, tax-exempt income and various deductions in accordance with the provisions of the Enterprise Income Tax Law and these Regulations.

Therefore, the recoverable loss is not the amount of the company's book loss, but the "taxable income".

If "the profit in 08 is negative 560,000, the profit in 09 is negative 200,000, and the profit in 10 years is positive 900,000" are all figures approved by the tax bureau (the number of the tax collection and management system of the tax bureau), the income tax paid at the end of the year is 90-56-200,000.

Income tax is uniform across the country. "If the IRS here does not allow it to make up for it," it is against the law.

Because taxes are regulated by the tax law, you can theoretically cover your losses in previous years, but you must report to the local tax authority for approval. In other words, if the local tax authority does not approve it, it is generally not remedied.

According to the tax law, it is 90-56-20, but the negative amount can only be retained for 5 years, and it will be invalid after 5 years.

In addition, the tax department will help you determine a taxable income every year, which is the tax profit and the tax base of the income tax. If you have a negative profit, you should pay attention to the amount of taxable income.

It is deductible according to the current tax law, as long as the deduction is within five years.

In income tax accounting, the provisions on the compensation of enterprise losses.

1.It can make up for last year's losses. However, last year's loss is not what we often call the loss of accounting profits, but the annual taxable income of enterprise income tax obtained by adjusting the tax difference on the basis of the accounting profit of the enterprise.

If the taxable income obtained by the tax differential adjustment is positive, there is no loss recognized by the tax law, and there is no problem of making up for the loss of the previous year.

2.If an enterprise wants to make up for last year's enterprise income tax loss in the first quarter, it needs to make last year's enterprise income tax annual settlement in April before the annual enterprise income tax settlement in the first quarter of this year, so as to determine whether there was an enterprise income tax loss last year. If there is a loss, it can be made up with the profit in the first quarter of this year.

3.(Announcement of the State Administration of Taxation on the issuance of the "Monthly (Quarterly) Prepayment Tax Return of the People's Republic of China for Enterprise Income Tax (Class A)" (Announcement No. 3 of 2021 of the State Administration of Taxation) has issued the latest enterprise income tax prepayment return, and enterprises can fill in the corresponding data in the corresponding column of making up for losses in previous years.

The company is calculating the corporate income tax.

At the same time, it makes up for the losses of the previous year in Songye, and the main methods are as follows:

1. It can be made up by the pre-tax profit of the next year, and if the profit of the next year is insufficient to make up, it can continue to make up for the losses incurred in the previous year within 5 years.

2. If the pre-tax profit of the enterprise is insufficient to make up for the loss incurred within 5 years, the after-tax profit shall be used to make up for the loss incurred in the previous year.

3. The losses incurred by the enterprise can be used with surplus reserves.

Yano returned to make up for the losses incurred in the previous year.

It can be remedied.

Of course, if you file your income tax for the first quarter and the final settlement of the previous year has not been submitted to the background for review, you will not be able to make up for it (this situation is likely to occur because the deadline for the final settlement is later than the deadline for the first quarter of the following year).

The losses of previous years can only be made up before tax with the approval of the tax administrator at the time of annual income tax final settlement.

There are still two quarters of this year, and there is no problem of making up for the losses of previous years before the end of the year. It can only be accumulated between quarters of the current year. If you make a profit in the first quarter, you will pay income tax in advance, and you will continue to pay income tax in advance if you make a profit in the second quarter. It is not possible to cover losses in previous years.

Yesterday I just saw on the Internet that a company was trying to make up for it because it wasn't going to make up for it, and his tax administrator didn't allow them to make up for it for the reason: not making up for it consecutively.

My non-representation is the only standard answer to the relevant department for advice!

It should be filled in the total amount of recoverable losses that are allowed by the tax law (losses within 5 years) and approved by the tax authorities (losses have been reported and confirmed by tax audits and allowed to be made up).

In previous years, losses were made up by pre-tax profits. How did you accrue income tax first. In that case, you won't have to pay a lot of income tax.

It is possible to cover losses within five years. The basis is:

Notice of the Ministry of Finance and the State Administration of Taxation on Printing and Distributing the Provisions on the Collection of Individual Income Tax by Investors of Sole Proprietorship Enterprises and Partnership Enterprises Cai Shui [2000] No. 91.

Article 14 The annual losses of an enterprise shall be made up by the production and operation income of the enterprise in the next year, and if the income of the next year is insufficient to make up for the shortfall, it shall be allowed to continue to make up for it year by year, but the maximum shall not exceed 5 years.

If an investor establishes two or more enterprises, the annual operating losses of the enterprises cannot be made up across enterprises.

No. It can be seen from the order of declaration of income tax return that the tax-exempt income, reduced income and reduced and exempted income items obtained by the enterprise shall not make up for the losses of taxable items in the current period and previous years; The income items of reduction and exemption that result in loss of reputation and vertical loss in the current period shall not be offset by the income of taxable items in the current period and subsequent tax years.

Line 8 of the 2013 quarterly corporate income tax interim report to make up for the loss of the previous year.

The loss is made up within 5 tax years, the first year to make up for the first loss, the first to make up for 08 years in 10 years, and to make up for the remaining remains, and continue to make up for 09 years. If the profit of 10 years is not enough to make up for the loss of 08, then the loss of 08 years can continue to make up for it in the 5 years of the year.

Regarding the question: the profit of 10 years will make up for 08 years first, that is, 300 will make up -400, and the remaining 100 of 08 and 100 of 09 will be made up in the following years.

Of course, it's the tax-adjusted loss. Some of the book losses are not allowed to be deducted before tax. Therefore, the losses you have to make up can only be tax-recognized.

In the new corporate income tax return Category A, the amount of the current quarter's profit is entered in the line to cover the loss of the previous year, and the same is true for each subsequent quarter. It is not until the loss in the final settlement is made up that the enterprise income tax is paid.

Article 5 of the Enterprise Income Tax Law of the People's Republic of China stipulates that the total income of an enterprise in each tax year shall be the taxable income after deducting the non-taxable income, tax-exempt income, various deductions and allowable losses of previous years.

Article 18 stipulates: "Losses incurred in the tax year of an enterprise shall be allowed to be carried forward to subsequent years and made up with the income of the following years, but the maximum period of carry-forward shall not exceed five years." ”

Both of the above provisions state that an enterprise can use its pre-tax income to cover its losses in previous years (the previous five years). To be clear here:

Losses of previous years that are allowed to be made up" and "the maximum period of carry-forward shall not exceed five years", and the time allowed to be made up shall not exceed five years. For example, if an enterprise loses 500,000 yuan in 2008, it will have 50,000 yuan in 2009, 70,000 yuan in 2010, 90,000 yuan in 2011, 120,000 yuan in 2012, and 150,000 yuan in 2013 before making up for the loss in the next five years.

Therefore, from 2008 to 2013, there was no need to pay corporate income tax, and a total of 480,000 yuan of losses were made up for in five years, and there was a loss of 20,000 yuan left. In the sixth year, that is, in 2014, the previous income of 180,000 yuan will be made up. Can you make up for the loss of 20,000 yuan in 2014?

The answer is no. Because the tax law stipulates that it can only be made up within five years after the loss year, in the sixth year, if the loss before five years has not been made up, it cannot be made up before tax, and can only be made up with after-tax profits.