Problems with the annual income tax report of loss making small scale enterprises

Seeing a lot of similar posts on the Internet, I felt a little helpless.

I've drunk too much today, I'll digress a bit, and you and him and those experts don't have anything to do :

1.State-controlled enterprises lose money.

2.If there are not so many things to do if you really lose money, go directly to the procedure, and if you don't believe it, the audit will be over, but the tax bureau will stare you to death next year.

3.If only I would find a tax office to come out for a meal and tell me about the doorway.

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 the adjustment of 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 to make up for losses in previous years.

It can only be processed after the final settlement at the end of the year. According to Article 5 of the Enterprise Income Tax Law of the People's Republic of China, the total income of an enterprise in each tax year is the taxable income after deducting the non-taxable income, tax-exempt income, various deductions and allowable losses of previous years.

The net value of assets transferred by an enterprise is allowed to be deducted in the calculation of taxable income. When calculating and paying enterprise income tax on a consolidated basis, the losses of its overseas business establishments shall not be deducted from the profits of its domestic business establishments. Losses incurred in the tax year of an enterprise are 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.

The Enterprise Income Tax Law stipulates that if a taxpayer incurs an annual loss, it can make up for it with the income of the next tax year; If the income in the next tax year is insufficient to make up for it, it may be renewed year by year, but the maximum period of compensation shall not exceed 5 years.

It is necessary to make up the deficit after remittance at the end of the year.

When the enterprise income tax of small-scale taxpayers is huge, they can make up for the losses of previous years.

There is no need to wait until the end of the year to make up for the loss.

For details, please refer to the instructions for filling in the next quarterly report.

When auditing the quarterly report of enterprise income tax of small-scale taxpayers, it is possible to make up for the losses of previous years.

Corporate Income Tax Advance Tax Return.

As can be seen from the chart above, the amount of the previous year's loss is filled in line 4 of the return.

All enterprises are now like this, after the final settlement is completed at the beginning of the year, when the quarterly report is declared, it will be automatically calculated after making up for the loss; If the final settlement is not made at the beginning of the year, the loss will not be made up, but calculated on the basis of a single quarter.

If the net profit of the previous year is negative (or the sum of the net profits of previous years is negative), the net profit after tax of the current year must first make up for this part of the loss before it can be used as net profit available for distribution to accrue provident fund, community chest or dividends.

The so-called prepayment is based on the total accumulated profit multiplied by the tax rate minus the tax paid before, that is, the amount that needs to be paid in advance, this amount is not the final actual number, through the tax adjustment of the settlement and remittance, and the whole year will be calculated.

1. When the enterprise declares on a quarterly basis, it fills in the accounting system for accounting.

Gross profit. Subtract previous years.

Make up for losses. When the enterprise declares on a quarterly basis,".

Real profit. Enter the profit amount of the current quarter in the column corresponding to the current amount, and fill in the cumulative amount from January 1 of the current year to the last day of the quarter in the column of "Cumulative amount".

2. According to the State Administration of Taxation.

About filing. Corporate income tax.

Notice on Issues Concerning Monthly (Quarterly) Advance Tax Returns (

Guo Shui Han [2008] No. 635) stipulates: "Line 4".

Real profit. Amount': Reported according to the accounting system.

Gross profit. Subtract previous years.

Make up for losses. and non-taxable income.

Tax-exempt income. after the balance. Public institutions, social organizations,

Private non-enterprise units.

Fill in the report mutatis mutandis. Real estate development enterprises.

The estimated profit amount calculated according to the pre-sale income obtained in the current period shall be included in the Bank. ”

According to the People's Republic of China.

Corporate income tax.

Instructions for Filling in the Monthly (Quarterly) Advance Tax Return (Category A) stipulates that the data of the "current amount" column shall be filled in, and the data shall be the month (quarterly) to which it belongs.

1st to last day; Fill in the "Cumulative amount" column, and the data is the cumulative number from January 1 of the year to which the taxpayer belongs to the last day of the quarter (or month).

4. According to the State Administration of Taxation.

About the release of the People's Republic of China.

Corporate income tax.

Announcement on the Monthly (Quarterly) Advance Tax Return (2015 Edition) and Other Statements (Announcement No. 31 of 2015 of the State Administration of Taxation) stipulates that: 5. (1) 7Line 8: "Cover losses in previous years":

Fill in the amount of losses that have not been made up in previous years that can be made up before the enterprise income tax according to the tax regulations.

At the same time, according to the Enterprise Income Tax Law of the People's Republic of China.

Article 18 of Decree No. 63 of the People's Republic of China stipulates that the losses incurred by an enterprise in the tax year shall be carried forward to the following years and made up with the income of the following years, but the maximum carry-forward period shall not exceed five years.

The above answers are incorrect. This is because the quarterly declaration method for enterprise income tax has been significantly adjusted. 1. In accordance with the provisions of Article 1 of the "Guo Shui Han 2008 No. 635":

Line 4 'Actual profit': Fill in the balance of the total profit calculated according to the accounting system after deducting the losses to be made up in the previous year, as well as non-taxable income and tax-exempt income. Public institutions, social organizations, and private non-enterprise units should be filled in mutatis mutandis.

Therefore, when filing the enterprise income tax in the quarterly declaration of the current year, you can first make up for the losses to be made up in the previous year (the adjusted data after the final settlement). 2. The quarterly declaration of enterprise income tax is calculated according to the cumulative number of the year. Since the cumulative profit of this year is only 10,000 yuan, which is not enough to make up for the loss to be made up in the previous year, after the profit of this year is deducted, the cumulative amount column of "actual profit" in line 4 of the second quarter declaration can be directly filled in 0.

There is no need to prepay corporate income tax in the current quarter. For details, please refer to the "Notice on Issues Concerning the Filling of Monthly (Quarterly) Advance Tax Returns for Enterprise Income Tax" (Guo Shui Han 2008 No. 635)!

The quarterly declaration of enterprise income tax cannot make up for the loss of the previous year, and the enterprise income tax is paid in advance on a quarterly basis and settled at the end of the year!

FYI:

1. When filling in the enterprise income tax statement, the tax adjustment reduction amount should be filled in 0.

Reason: 2. The quarterly is prepaid, and the adjustment items such as the accumulated losses of previous years are generally not considered, and they are considered in the annual liquidation.

3. If the accumulated losses of the previous years need to be made up, it is necessary to review and approve the tax department, and generally the audit report of the previous loss year issued by the tax agent firm must be applied for the compensation report, and after the review and approval, it will be made up at the time of the annual income tax liquidation.

Summary. 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 has an actual connection with the institution or place established by it.

If a non-resident enterprise has not established an institution or place in China, or if it has established an institution or place but the income obtained has no actual connection with the institution or place it has established, it shall pay enterprise income tax on its income in China. 3. Principle of determination of income within and outside China.

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Revenue and costs are filled in according to the facts, and profit is filled in according to the actual profit minus the losses of previous years, so the profit is not equal to the income minus the cost. Enterprise income tax is generally paid in advance on a monthly (quarterly) basis, and the year-end final settlement is settled. The applicable tax rate of the old noisy enterprise income tax is 25%, and the qualified small and low-profit enterprises can be calculated and paid at a reduced rate of 20% after the approval of the competent tax authorities.

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

3. Principle of determination of income within and outside China.

Summary. The quarterly income tax return of a branch that is not a small and low-profit enterprise cannot be made up for by the losses of previous years.

The branch is not a small low-profit enterprise, and the quarterly income tax cannot make up for the losses of the previous year.

The quarterly income tax return of a branch that is not a small and low-profit enterprise cannot be made up for by the losses of previous years.

Fellow, I really didn't understand, I can be more specific.

According to the Income Tax Law of the People's Republic of China, when an enterprise develops and changes its losses in a tax year, it can carry forward and carry forward the losses to offset future profits. However, when the company declares the quarterly report, it can only use the quarterly profit to calculate the tax, and cannot use the accumulated losses of previous years to make up for it. In other words, the previous loss cannot be directly deducted from the quarterly income tax, but can only be carried forward to the next year after the end of the year in anticipation of the profit deduction.

However, if the Hanfu branch is not recognized as a small low-profit enterprise, its income tax payment policy is the same as that of general enterprises, and there is no special preferential treatment.