According to the Notice of the Ministry of Finance of People's Republic of China (PRC), State Taxation Administration of The People's Republic of China, on Tax Policies Related to Rural Finance (Caishui [20 1 0] No.4), (1) changed from 1 in 2009 to1in February. When calculating the taxable income, the interest income of farmers' microfinance in financial institutions is included in the total income by 90%; (2) From June 65438+1 October 2009 to June 65438+February 3 1 June 2009, the location of the legal person institution wholly sponsored by rural credit cooperatives, rural banks, rural mutual funds cooperatives, loan companies and banking institutions is in the county. (3) The term "loan company" as mentioned in this Notice refers to a non-bank financial institution approved by the China Banking Regulatory Commission and established by domestic commercial banks or rural cooperative banks in rural areas in accordance with relevant laws and regulations to provide loan services for county farmers, agriculture and rural economic development.

To sum up, if your company is a loan company wholly sponsored by a banking institution and approved by China Banking and Insurance Regulatory Commission, you can enjoy relevant preferential policies. If you do not meet the above conditions, you cannot enjoy the above preferential policies.

According to the Provisional Regulations on Business Tax and its detailed rules for implementation, when calculating the business tax, the interest income should be paid in full, and the interest expenses borrowed from financial institutions should not be deducted.