In recent years, the state has given more and more tax incentives to microfinance and microfinance companies, so what is it? Let's take everyone to sort it out.
I. value-added tax
(1) financial institutions
20 17, 12, 1 to 20 19, 12, 3 1, and the interest income obtained by financial institutions from granting small loans to farmers, small enterprises, micro enterprises and individual industrial and commercial households shall be exempted from value-added tax.
The micro-loan here refers to the loans of farmers, small enterprises, micro-enterprises or individual industrial and commercial households with a single household credit of 6.5438+0 million yuan (inclusive); If there is no credit line, it refers to a loan with a single-family loan contract amount and a loan balance of less than 6,543,800 yuan (inclusive).
(2) Small loan companies
20 17, 10 to 20 19, 12, 3 18 interest income of farmers' small loans obtained by provincial financial management departments (financial offices, bureaus, etc.). ) exempt from value-added tax.
The micro-loan here refers to a single loan with a total loan balance of less than 654.38+10,000 yuan (inclusive).
Two. income tax
(1) financial institutions
From 20 17 to 20 17 to 20 19 to 20 12 to 3 19, the interest income of small loans of farmers in financial institutions is included in the total income according to 90% when calculating the taxable income.
The micro-loan here refers to a single loan with a total loan balance of less than 654.38+10,000 yuan (inclusive).
(2) Small loan companies
20 17, 1, 10 to 20 19, 12, 3 1 interest income of farmers' microfinance companies approved by provincial financial management departments (financial offices, bureaus, etc.). ) When calculating the taxable income, 90% is included in the total income.
The micro-loan here refers to a single loan with a total loan balance of less than 654.38+10,000 yuan (inclusive).
20 17-20 17-20 19-20 12-3 19 loan loss reserve set aside by microfinance companies approved by provincial financial management departments (financial offices, bureaus, etc.). According to the tax rate of 1%, the loan balance at the end of the year is allowed to be deducted before the enterprise income tax.