25%, but there are other preferential tax policies for credit cooperatives. This year, the interest income of farmers' small loans in credit cooperatives is included in the total income according to 90% in the document of Caishui 20 104. The specific documents are as follows: Notice of the Ministry of Finance on Tax Policies Related to Rural Finance in State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) [2010] No.4, Finance Departments (bureaus), State Taxation Bureau, Local Taxation Bureau and Finance Bureau of Xinjiang Production and Construction Corps of all provinces, autonomous regions, municipalities directly under the Central Government and cities with separate plans: with the approval of the State Council, the tax policies related to rural finance are hereby notified as follows:

1. From June 65438+ 10/day in 2009 to February 3 1 day in 2009, the interest income of small loans of farmers in financial institutions is exempted from business tax.

2. From June 5438+1 October1day in 2009 to February 3 1 day in 2009, the interest income of small loans of farmers in financial institutions was included in the total income according to 90% when calculating the taxable income.

Iii. In 2009, 65438+1 October1to 20165438+February 3 1 rural credit cooperatives, village banks, rural mutual funds cooperatives and banking financial institutions wholly sponsored loan companies and legal person institutions are located in counties (counties)

Four. From June 5438+1 October1to June 5438+February 3 1 and June 2065438+March 2009, when calculating the taxable income, the premium income obtained by insurance companies from providing insurance services for planting and aquaculture will be reduced by 90%.

Five, the term "farmers" as mentioned in this notice refers to residents who have lived in the administrative area of towns (excluding Chengguan Town) for a long time, including residents who have lived in the administrative villages under the jurisdiction of Chengguan Town for a long time and households whose household registration is not local but have lived in the local area for more than one year, state-owned farm workers and rural individual industrial and commercial households. Collective households of state-owned economic organs, organizations, schools, enterprises and institutions located in the administrative areas of townships (excluding Chengguan Town) and administrative villages under the jurisdiction of Chengguan Town; Local registered households who have gone out with their families to make a living for more than one year are not farmers, whether they keep contracted farmland or not. Taking households as the statistical unit, farmers can engage in both agricultural production and management and non-agricultural production and management. The judgment of farmers' loans should be based on whether the loan subject belongs to farmers at the time of loan issuance. The term "micro-loan" as mentioned in this Notice refers to a loan with a total balance of less than 50,000 yuan (including 50,000 yuan). The term "village bank" as mentioned in this Notice refers to a banking financial institution established in rural areas with the approval of China Banking Regulatory Commission, funded by domestic and foreign financial institutions, domestic non-financial institutions, corporate legal persons and domestic natural persons, and mainly providing financial services for local farmers, agriculture and rural economic development.