As a company owner, you don t yet know how corporate income tax is calculated

A, Corporate Income Tax Formula:

Income tax payable by the enterprise = taxable income for the current period * applicable tax rate.

Taxable income = total income - amount of allowable deductions.

Taxable income = total income - non-taxable income - tax-exempt income - various deductions - allowable losses of previous years.

The corporate income tax rate is the statutory rate at which the corporate income tax payable is calculated. According to the provisions of the Provisional Regulations of the People's Republic of China on Enterprise Income Tax, the new Income Tax Law of the People's Republic of China in 2008; The general corporate income tax rate is 25%.

If a non-resident enterprise establishes an institution or place in China, it shall pay enterprise income tax on the income obtained by the establishment 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 the non-resident enterprise.

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

The Notice on Issues Concerning the Preferential Income Tax Policies for Small and Low-Profit Enterprises (Cai Shui [2011] No. 117) issued by the State Administration of Finance and Taxation clearly states that from January 1, 2012 to December 31, 2015, for small and low-profit enterprises with an annual taxable income of less than 60,000 yuan (including 60,000 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%.

High-tech enterprises that need to be supported by the state shall be subject to enterprise income tax at a reduced rate of 15%.

There are two ways to collect enterprise income tax, one is audit collection, and the other is verification collection; If it is collected by audit, the enterprise income tax payable = taxable income * applicable tax rate is calculated and paid; If it is collected and collected, the enterprise income tax payable = taxable income * income rate * applicable tax rate; At present, the financial software can realize the automatic calculation of income tax, and if there is a problem, it can be directly traced back to the problem, which is very convenient.

How should the formula for calculating corporate income tax be calculated? There are generally two calculation methods for taxable income, one is the direct method, the direct calculation method: taxable income = total income - non-taxable income - tax-exempt income - various deductions - make up for losses; The other is the indirect method, the indirect calculation method:

Taxable income = total profit Amount of tax adjustment items.

However, if the profits of general enterprises are too high, there must be a way of tax planning, but it is necessary to analyze the specific problems to see what industry and what region it is. Generally speaking, the most direct and preferential corporate income tax policy is the state's enterprise income tax policy of "two exemptions and three halves" for double-soft enterprises, that is, from the beginning of the enterprise to make profits, there are two years of exemption from corporate income tax and three years of corporate income tax halving, but this preferential treatment is limited to enterprises applying for double-soft, and there is this policy in all regions of the country.

In addition, it is a national high-tech enterprise, which meets the conditions, and the income tax is 15%, which is applicable to the whole country. It also includes some local policies, such as Hainan**, which will be funded in 2020, and the corporate income tax will be levied at 15%, and even the personal income tax will be levied at a maximum of 15%. When the document was issued, it said that it refers to enterprises that meet the conditions, but generally new types of Internet, technology, etc., regardless of whether they can apply for high-tech enterprises, can enjoy this policy.

The most direct way to plan enterprise income tax is to spend the money, spend the money into the tax depression, and transfer the tax to the tax depression to pay, so that the main company does not have to pay taxes, and the company that has become a tax depression will pay it. According to the different parks, the tax rate is generally controlled in the private account, which is more convenient to solve the enterprise income tax and also solve the shareholder dividends. However, when using this tax planning tool, it is necessary to try to ensure the integration of contract-capital-invoice-service confirmation and ensure the perfection of the evidence chain, so as to respond to changes with no change.

The company's enterprise income tax is first calculated according to the data of its own accounting statements, and then makes some tax adjustments according to the audit report, such as some entertainment expenses have deduction limits, and some other penalties and confiscation expenses are not allowed to be paid before tax.

Here's the answer for you.

Hello, corporate income tax = taxable income * tax rate (25% or %) taxable income = total income - non-taxable income - tax-exempt income - various deductions - taxable income of previous years loss total annual income - tax payable amount of items allowed to be deducted Taxable income Tax rate The tax law reduces the tax burden of enterprises and increases the after-tax surplus of enterprises by reducing the tax rate and relaxing the pre-tax deduction standard, which is conducive to accelerating the process of enterprise product research and development, technological innovation and human capital improvement. Promote the improvement of enterprise competitiveness.

Questions. The national policy has exemption and exemption, and the actual payment is only about right, how to calculate at the end of the year?

The national policy of enterprise income tax is exempted or exempted, and the actual payment is only about right, how to calculate it at the end of the year?

Pre-levy reduction] Pre-levy reduction is to give the reduction and exemption before the enterprise income tax is levied, and the enterprise does not need to actually pay the tax. In this case, the enterprise still needs to calculate the income tax payable, and then confirm the tax reduction and exemption after the approval of the tax authority. When calculating the income tax payable, the enterprise is:

Borrow: Income Tax Credit: Tax Payable - When the Enterprise Income Tax Recognizes Tax Reduction and Exemption:

Debit: Tax Payable - Enterprise Income Tax Credit: Due to the deduction of income tax expense account, the income tax increases the book profit at the end of the period (and then distributes it in accordance with the regulations) or reduces the book loss when the transaction is made at the end of the period.

First of all, it is necessary to understand the total income of the enterprise, the expenses and profits of the enterprise, understand the tax rate paid, and calculate it according to the corresponding value.

1. Business tax = service industry income * tax rate of 5% (suitable for enterprises with service industry) (monthly report); VAT = sales revenue of goods (excluding tax) * 3% (suitable for small-scale taxpayers) (monthly report); VAT = sales revenue of goods (excluding tax) * 17% - purchase amount (excluding tax) * 17% (suitable for general taxpayers) (monthly report); 2. Urban construction tax payable = VAT payable + business tax * 7% (monthly report); 3. Surcharge of education fees payable = value-added tax payable + business tax * 3% (monthly report); 4. Embankment protection fee: business income * different collection standards in different places, and some places do not levy it) (monthly report); Payable local education fee surcharge = payable VAT + business tax * 2% ((the collection standards are different in different places, and some places do not levy them) (monthly report); 5. Income tax = total profit * tax rate of 25% (quarterly report); (The income tax rate of qualified small and low-profit enterprises is 20%, and small and low-profit enterprises refer to enterprises engaged in industries that are not restricted and prohibited by the state and meet the following conditions: industrial enterprises, with an annual taxable income of no more than 300,000 yuan, no more than 100 employees, and total assets of no more than 30 million yuan; 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).

6. Individual income tax (monthly report); The implementation of withholding and payment, regardless of whether the salary exceeds 2,000 yuan, the full declaration of all employees.

It is calculated according to the income, and according to the income, the income tax can be calculated according to the proportion inside, and the person in charge of the company needs to pay it.

The calculation basis of enterprise income tax is that the taxable income is adjusted on the basis of accounting utilization, and the taxable income is adjusted, increased and decreased, and this adjustment is the tax difference.

The company's corporate income tax is to multiply the company's profits by the corporate income tax rate to which the company belongs, which is the amount of income tax payable.

First of all, we should understand the total income of the enterprise, and then we should also understand the expenditure of the enterprise, and set it according to the corresponding formula.

Taxable income * tax rate, which is a very common calculation method, and such a calculation method is very accurate.

1. The calculation formula of corporate income tax is: taxable income tax rate - tax reduction and exemption - tax credit.

2. Taxable income Total annual income - items allowed to be deducted. The total income includes 7 aspects: production, operating income, and property transfer income. Allowable deductions include: costs, family expenses, taxes, losses and other expenses.

3. The income tax of the company is a tax levied on the production and operation income and other income of China's domestic-funded enterprises and business units. The taxpayers of the income tax of the public training company include all kinds of enterprises, public institutions, social organizations, private non-enterprise units and other organizations engaged in business activities. Sole proprietorship enterprises and partnership enterprises are not enterprise income tax payers.

1. Business tax = service industry income * tax rate of 5% (suitable for enterprises with service industry) (monthly report); VAT = sales revenue of goods (excluding tax) * 3% (suitable for small-scale taxpayers) (monthly report); VAT = sales revenue of goods (excluding tax) * 17% - purchase amount (excluding tax) * 17% (suitable for general taxpayers) (monthly report); 2. Urban construction tax payable = VAT payable + business tax * 7% (monthly report); 3. Surcharge of education fees payable = value-added tax payable + business tax * 3% (monthly report); 4. Embankment protection fee: business income * different collection standards in different places, and some places do not levy it) (monthly report); Payable local education fee surcharge = payable VAT + business tax * 2% ((the collection standards are different in different places, and some places do not levy it) (monthly report); 5. Income tax = total profit * tax rate of 25% (quarterly report); (The income tax rate of qualified small and low-profit enterprises is 20%, and small and low-profit enterprises refer to enterprises engaged in industries that are not restricted and prohibited by the state and meet the following conditions: industrial enterprises, with an annual taxable income of no more than 300,000 yuan, no more than 100 employees, and total assets of no more than 30 million yuan; 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).

6. Tax on the old age attacked by individuals (monthly report); The implementation of withholding and payment, regardless of whether the salary exceeds 2,000 yuan, the implementation of full auction increase declaration.

How is the company's corporate income tax calculated?

1. Calculation of corporate income tax of the company:

The most basic formula for calculating corporate income tax:

Corporate income tax payable = taxable income * applicable tax rate;

Gross Profit + Increase in Tax Adjustment - Decrease in Tax Adjustment) * Applicable Tax Rate;

Operating income - Operating costs - Taxes and surcharges - Selling expenses - Administrative expenses - Financial expenses + Non-operating income - Non-operating expenses + Increase in tax adjustments - Decrease in tax adjustments) * Applicable tax rate.

Corporate income tax is paid in tiers according to the annual profit:

Clause. 1. If the annual profit is less than 100w, it is currently paid;

Clause. Second, the annual profit of 100-300w, the first 100w, according to the payment, the excess according to 5%;

Clause. 3. If the annual profit is more than 300w, the full amount of income will be increased, and it will be paid at 25%.

Example of corporate income tax payment:

1. If the annual profit is 80w, the tax should be paid: 80w*;

2. If the annual profit is 200w, the tax should be: 100w*, 100w*5%=5w;;

3. If the annual profit is 350w, the payment should be: 350w*25%=.

From the above formula derivation, it can be seen that the calculation of enterprise income tax is based on the basis of the accounting profit of the enterprise, according to the provisions of the relevant tax policies to adjust the tax payment, calculate the taxable income, and then multiply by the applicable enterprise income tax rate to calculate the amount of enterprise income tax.

2. The total income of enterprise income tax, including:

1) Income from the sale of goods;

2) Provision of labor income;

3) income from the transfer of property;

4) Dividends, bonuses and other equity investment income;

5) interest income;

(6) Rental income;

7) royalty income;

8) Receiving income from donations;

9) Other income.

The method of calculating corporate tax: under normal circumstances, it is calculated according to the tax rate of 25, but if a non-resident enterprise has not established an institution or place in China, or if the income obtained has no actual connection with the institution or place established by the non-resident enterprise in China, the applicable tax rate is 20 for its income in China.

[Legal basis].

Article 1 of the Enterprise Income Tax Law.

Within the territory of the People's Republic of China, enterprises and other organizations that obtain income (hereinafter collectively referred to as enterprises) are taxpayers of enterprise income tax and pay enterprise income tax in accordance with the provisions of this Law.

This Law does not apply to sole proprietorship enterprises and partnership enterprises.

Article 3. Resident enterprises shall pay enterprise income tax on their income derived from within and outside China.

If a non-resident enterprise establishes an institution or place in China, it shall pay enterprise income tax on the income from the destruction of mu in China obtained by the institution or place it has established, as well as the income that occurs outside China but has an actual connection with the institution or place established by it.

Article 4. The corporate income tax rate 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.