Is the tax amount of 70,000 yuan considered a small low profit enterprise?

In accordance with the provisions of Article 92 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China, in addition to the requirements of small and low-profit enterprises in taxation to engage in non-restricted and prohibited industries by the state, they also include three standards, mainly reflected in one is a small and one is a small profit, and the three standards are one is the total assets, and the total assets we require is that the total assets of industrial enterprises do not exceed 30 million yuan. The total assets of other enterprises do not exceed 10 million yuan, the second is the number of employees, the number of employees in industrial enterprises does not exceed 100 people, the number of employees in other enterprises does not exceed 80 people, and the third is the tax index, the annual taxable income does not exceed 300,000 yuan, and the small and low-profit enterprises that meet these three standards are tax-speaking.

The total amount of assets, the number of people, and the annual taxable income are all in accordance with the above requirements, and they are small and micro.

According to. Cai Shui [2015] No. 34 Notice of the Ministry of Finance and the State Administration of Taxation on the Preferential Income Tax Policies for Small and Low-Profit Enterprises.

In order to further support the development of small and low-profit enterprises, with the approval of the United States, the income tax policy for small and low-profit enterprises is hereby notified as follows:

1. From January 1, 2015 to December 31, 2017, for small and low-profit enterprises with annual taxable income less than 200,000 yuan (including 200,000 yuan), their income shall be included in the taxable income at a reduced rate of 50%, and the enterprise income tax shall be paid at a rate of 20%.

Therefore, if the income tax in 2015-2017 is settled, it is a small low-profit enterprise.

According to the 2014 34 document of finance and taxation, the income tax payable is 100,000 yuan, which is a small and low-profit enterprise.

If the income tax is calculated in 2014, it is also a small low-profit enterprise.

Hope it helps, thank you.

The total profit of less than 300,000 yuan belongs to small and micro enterprises.

General taxpayers can be small and low-profit enterprises, but they need to meet the conditions. General taxpayers who meet the following criteria are small and micro enterprises. Small and low-profit enterprises refer to enterprises engaged in industries that are not restricted or prohibited by the state and meet the following conditions:

1. For industrial enterprises, the annual taxable income shall not exceed 300,000 yuan, the number of employees shall not exceed 100, and the total assets shall not exceed 30 million yuan;

2. For other enterprises, the annual taxable income shall not exceed 300,000 yuan, the number of employees shall not exceed 80, and the total assets shall not exceed 10 million yuan.

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

Article 92.

The term "qualified small and low-profit enterprises" mentioned in the first paragraph of Article 28 of the Enterprise Income Tax Law refers to enterprises engaged in industries that are not restricted or prohibited by the state and meet the following conditions:

1) For industrial enterprises, the annual taxable income does not exceed 300,000 yuan, the number of employees does not exceed 100, and the total assets do not exceed 30 million yuan;

2) For other enterprises, the annual taxable income shall not exceed 300,000 yuan, the number of employees shall not exceed 80, and the total assets shall not exceed 10 million yuan.

Qualified small and low-profit enterprises will be subject to corporate income tax at a reduced rate of 20%.

From January 1, 2017 to December 31, 2019, for small and low-profit enterprises with an annual taxable income of 500,000 yuan (including 500,000 yuan), their income will be included in the taxable income at a reduced rate of 50%, and the enterprise income tax will be paid at a rate of 20%.

Therefore, small and low-profit enterprises pay corporate income tax at a rate of 20% at half of the tax rate. According to the quarterly return of enterprise income tax (Announcement No. 31 of 2015 of the State Administration of Taxation), the applicable income tax rate for enterprises in the table is 25%, so when small and low-profit enterprises enjoy the tax incentives of halving, the tax reduction and exemption amount is calculated according to the taxable income * 15%.

First, the front. Eligible small low-profit enterprises.

Corporate income tax is levied at a reduced rate of 20%.

From January 1, 2017 to December 31, 2019, the annual taxable income.

In the case of a small low-profit enterprise of 500,000 yuan, its income shall be included in the taxable income at a reduced rate of 50%, and the enterprise income tax shall be paid at a rate of 20%.

2. Detailed analysis.

Small-scale low-profit enterprises refer to those engaged in industries that are not restricted or prohibited by the state, and at the same time meet the requirements of the annual lead tax income of no more than 3 million yuan, the number of employees not more than 300 people, and the total assets.

Enterprises with three conditions such as no more than 50 million yuan. The establishment and development of such small, low-profit enterprises is essential to create a large number of self-employment opportunities and help the disadvantaged.

Promoting economic development and maintaining social stability both play a certain positive role. Efforts should be made to create a relatively relaxed policy environment to support the establishment and development of small and low-profit enterprises. The total income of taxpayers includes income from production and operation, income from property transfer, interest income, lease income, royalty income, dividend income and other income.

For small and micro enterprises, the taxable income that should be paid each year is generally calculated according to the 50% reduction and exemption, and the corporate income tax is paid at a rate of 20%, which should meet the needs of small and medium-sized enterprises.

It must be within 500,000 yuan of tax income.

3. How to calculate the taxable income of small and low-profit enterprises.

Small and low-profit enterprises pay corporate income tax at a rate of 20% at half the rate. According to the quarterly return of enterprise income tax, the applicable income tax rate of the enterprise in the table is 25%, so when small and low-profit enterprises enjoy the tax incentives of halving, the tax reduction and exemption amount is calculated according to the taxable income * 15%.

The annual taxable income of small and low-profit enterprises is less than 300,000 yuan, and the tax rate is 5%, and the tax rate is 10% for the part higher than 300,000 yuan to 1.5 million yuan.

Small and low-profit enterprises refer to enterprises that meet the relevant provisions of the national standards, with an annual income of no more than 50 million yuan, no more than 300 annual employees, and other enterprises that meet the specified conditions. For small and low-profit enterprises, China implements a differentiated enterprise income tax policy. Among them, the annual taxable income of small and low-profit enterprises is less than 300,000 yuan, and the tax rate is 5%; For the part higher than 300,000 yuan to 1.5 million yuan, the tax rate is 10%.

In addition, for small and low-profit enterprises, they can also enjoy a number of preferential tax policies, such as VAT reduction and exemption, urban maintenance and construction tax exemption, etc. It should be noted that small and low-profit enterprises should pay the enterprise income tax on time and in full, otherwise they will face penalties such as fines and late fees. At the same time, small and low-profit enterprises need to carefully check their tax qualifications and declaration information when going through relevant tax procedures to avoid relevant legal liabilities caused by illegal operations.

How do small and low-profit enterprises determine their annual taxable income? The annual taxable income of small and low-profit enterprises is the net amount of the total operating income of the enterprise minus related expenses, donations and other expenses. The specific calculation methods include:

1.Determine the total operating income of the enterprise, including sales revenue, service income, etc.; 2.Subtract related expenses, such as production and operating costs, management expenses, financial expenses, etc.; 3.

minus donations and other expenditures that meet national regulations; 4.After the net amount is obtained, it is calculated according to the income tax rate of small and low-profit enterprises.

The annual taxable income of small and low-profit enterprises is the net amount of the total operating income of the enterprise minus related expenses, donations and other expenses. At the same time, small and low-profit enterprises can also enjoy a number of preferential tax policies, and they need to carefully check their own tax qualifications and declaration information to avoid relevant legal liabilities caused by illegal operations.

Legal basis]:

Article 4 of the Enterprise Income Tax Law of the People's Republic of China The tax rate of enterprise income tax is 25. The applicable tax rate for non-resident enterprises to obtain the income specified in paragraph 3 of Article 3 of this Law is 20.

Legal analysis: Qualified small and low-profit enterprises will be subject to income tax at a reduced rate of 20%. For small and low-profit enterprises with an annual taxable income of 500,000 yuan (including 500,000 yuan), their income shall be included in the taxable income at a reduced rate of 50%, and the enterprise income tax shall be paid at a rate of 20%.

Therefore, small and low-profit enterprises pay corporate income tax at half of the 20% tax rate. According to the quarterly return of enterprise income tax (Announcement No. 31 of 2015 of the State Administration of Taxation), the applicable income tax rate for enterprises in the table is 25%, so when small and low-profit enterprises enjoy the tax incentives of halving, the tax reduction and exemption amount is calculated at 15% of the taxable income.

Legal basis: Notice of the State Administration of Taxation of the Ministry of Finance on the Implementation of the Inclusive Tax Reduction and Exemption Policy for Small and Micro Enterprises Article 2 The part of the annual taxable income of small and low-profit enterprises not exceeding 1 million yuan shall be included in the taxable income at a reduced rate of 25%, and the enterprise income tax shall be paid at a rate of 20%; For the part of the annual taxable income exceeding 1 million yuan but not exceeding 3 million yuan, it shall be included in the taxable income at a reduced rate of 50%, and the enterprise income tax shall be paid at the rate of 20%.