Questions about the formula for taxable income? Ask for a detailed explanation!!

Not duplicated. For example, penalty expenses are included in the income statement in accordance with the accounting standards but are not allowed to be deducted before tax, and advertising expenses can be deducted within 15% of the operating income according to the tax law, and the excess part is the difference between the expenses included in the income statement and the amount of expenses that can be deducted before tax in accordance with the tax law.

It is divided into two parts: 1. Calculation of total profit.

1. Operating income.

2 minus: operating costs.

3 Business tax and surcharges.

4 Selling Fees.

5 Administrative Expenses.

6 Finance Costs.

7 Asset impairment losses.

8 Plus: Fair value change gain.

9 Investment Income.

10. Operating profit.

11 Plus: Non-operating income.

12 minus; Non-operating expenses.

13. Total profit (10+11-12).

2. Calculation of taxable income.

14 Plus: Increase in tax adjustments.

15 minus; Tax Adjustment Reduction.

16 of which: non-taxable income.

17 Tax-exempt income.

18 Write-down of income.

19. Income from tax reduction and tax exemption items.

20 Additional deductions.

21 Deduction of taxable income.

22 plus; Overseas taxable income makes up for domestic losses.

23. Tax-adjusted income (13+14-15+22) 24 minus; Covering losses in previous years.

25 Taxable income (23-24).

As follows:

1. Direct method: the total income of the enterprise in each tax year is deducted from the non-tax burial income.

The balance of tax-exempt income, deductions and losses allowed to be made up in previous years is taxable income.

Taxable income = total income - non-taxable income - tax-exempt income - various deductions - loss in previous years.

2. Indirect method: total profit in accounting.

The taxable income is calculated after adding or subtracting the amount of items adjusted in accordance with the provisions of the tax law.

Taxable income = total accounting profit Amount of tax adjustment items.

The content of the taxable income.

1. Total income, the enterprise should take the income obtained from various ** in monetary and non-monetary forms as the total income. Specifically, there are: income from the sale of goods; Income from the provision of services in this liquid culture; income from the transfer of property; interest income; rental income; royalty income; Dividend income and other income.

2. Non-taxable income, including the financial allocation received by the enterprise; Administrative fees collected in accordance with the law and included in financial management.

**Sex**; The financial and taxation authorities stipulate special purposes and are approved by the competent departments of finance and taxation, as well as other non-levied revenues.

Legal analysis: the individual income tax is levied by the state, and the current individual income tax in China is levied at 5,000 yuan, and the higher the income, the higher the tax rate.

Personal income tax = taxable income tax rate.

Taxable income = monthly income - 5,000 yuan (tax threshold) - special deduction (three insurances and one housing fund, etc.) - special additional deduction - other rapid deductions determined in accordance with the law. The tax rate schedule can be consulted by yourself.

Individual income tax is a general term for the legal norms that regulate the social relations between the tax authorities and natural persons, i.e., residents and non-residents, in the process of collecting and managing individual income tax.

Taxpayers of individual income tax include both resident and non-resident taxpayers. Resident taxpayers have the obligation to pay full taxes and must pay individual income tax on all their income within and outside China; Non-resident taxpayers are only subject to individual income tax on their income in China.

Legal basis: Article 1 of the Individual Income Tax Law of the People's Republic of China An individual who has a domicile in China, or who has no domicile and has resided in China for a total of 183 days in a tax year, is a resident individual. Resident individuals shall pay individual income tax on income derived from within and outside China in accordance with the provisions of this Law.

Individuals who do not have a domicile and do not reside in China, or who do not have a domicile and have resided in China for less than 183 days in a tax year, are non-resident individuals. The income obtained by non-resident bureau officials from within the territory of China shall be subject to individual income tax in accordance with the provisions of this Law. The tax year begins on January 1 and ends on December 31 of the Gregorian calendar.

The reply of the State Administration of Taxation on the issue of levying individual income tax on income from equity transfer stipulates that the income obtained by the original shareholder from equity transfer shall be subject to individual income tax according to the item of "income from property transfer". There are two formulas for calculating the taxable income: (1) For the original shareholders who obtain the transfer income, first collect the creditor's rights and repay the debts according to the shareholding ratio, and then distribute the taxable income to each owner, the calculation formula of the taxable income is:

Taxable income = (total income from equity transfer of the original shareholder - total debt borne by the original shareholder + total amount of claims recovered by the original shareholder - amount of registered capital - relevant taxes and fees in the process of equity transfer) Shareholding ratio of the original shareholder. Among them, the debts borne by the original shareholders do not include the profits payable to the unpaid shareholders (the same below). 2) For the original shareholders who have obtained the transfer income, and distribute the equity transfer income and creditor's rights and debts according to the shareholding ratio, the formula for calculating the taxable income is as follows:

Taxable income = income from equity transfer distributed by the original shareholders + income from the original shareholders from the liquidation of the company's debts - expenses borne by the original shareholders - investment costs from the original shareholders to the company. The above is the answer to how to calculate the individual income tax on equity transfer. First, we briefly introduced how to determine the taxable income, and then the method of judging that the taxable income is obviously low and there is no justifiable reason for the same high, as well as the verification method.

Finally, the two formulas for calculating the taxable income were introduced, and after the taxable income was obtained, the individual income tax could be calculated.

Article 2 of the Measures for the Handling of Preferential Policies for Enterprise Income Tax in 2018 Revised Edition The preferential items mentioned in these Measures refer to the preferential matters stipulated in the Enterprise Income Tax Law, as well as the preferential matters of enterprise income tax formulated by the National Autonomous Areas in accordance with the authorization of the Enterprise Income Tax Law. Including tax-exempt income, reduced income, additional deductions, accelerated depreciation, income reduction, deduction of taxable income, reduced tax rate, tax credit, etc.

Summary. Taxable income is the basis for calculating enterprise income tax, which is the balance of the total income of the taxpayer in each tax year minus the allowable deductions.

Tax payable = taxable income How to understand the formula of tax rate.

Hello! We're happy to answer for you! The tax payable is the amount of tax paid by the taxpayer to the state according to a certain percentage of the "taxable income tax income".

Taxable income is the basis for calculating enterprise income tax, which is the balance of the total income of the taxpayer in each tax year minus the allowable deductions.

To put it simply, the taxable income refers to the tax basis on which the enterprise pays income tax, and it is also based on this to calculate how much income tax should be paid by the enterprise. The tax rate is the amount of tax paid by the enterprise to the state according to the proportion of the income of more and less cautious.

Help me see how much tax I should pay and how to calculate it.

Are you calculating personal income tax?

Yes. How much do you earn?

Okay, wait a minute.

In your case, taxable income =

How much tax to pay.

Right away. How much tax have you already prepaid?

Summary. Dear, hello, I'm [Encyclopedia Teacher Qu], I've seen your question, please wait a minute<>

Tax payable = taxable income How to understand the formula of tax rate.

Dear, hello, I'm [Encyclopedia Teacher Qu], I've seen your question, please wait a minute<>

Hello, dear, this means that the amount of tax you need to pay to the state is equal to the amount of money you have exceeded the threshold multiplied by the tax rate. For example, our individual income tax threshold is 5000, and your salary is 5500, so the tax amount you should pay is 5500 minus 5000, which is 500 yuan multiplied by the tax rate.