In recent years, small loan companies have provided a capital buffer for small and medium-sized enterprises to help them overcome the pressure of capital shortage and lack of funds, so the development momentum is fierce, but they will also face many problems. So what preferential policies does the state have for microfinance companies in terms of taxation? How much is the tax?

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.