The discount on corporate loans is a government subsidy.
1. According to the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on the Handling of Enterprise Income Tax on Special Financial Funds (Caishui [2009] No.87), enterprises were exempted from 1 in October 2008 to 1 in February 2000.
(1) The enterprise can provide funds disbursement documents, which stipulate the special purpose of funds;
(two) the financial department or other government departments that allocate funds have special fund management measures or specific management requirements for funds;
(3) An enterprise shall separately account for funds and expenditures incurred with funds.
2. Your company can judge whether the income belongs to non-taxable income according to the above conditions. If it does not belong to non-taxable income, it should be taxed as non-operating income.
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