The approved collection policy of a sole proprietorship enterprise means that the income from interest, dividends and bonuses obtained by a sole proprietorship enterprise or partnership enterprise from foreign investment is not incorporated into the enterprise income, but should be treated as the income from interest, dividends and bonuses obtained by individual investors separately, and personal income tax shall be calculated and paid according to the taxable items of "income from interest, dividends and bonuses".

What are the provisions of the Measures for the Administration of Approved Collection of Sole proprietorship Enterprises?

1. A sole proprietorship enterprise collects value-added tax, consumption tax, business tax, urban maintenance and construction tax, education surcharge, resource tax, vehicle purchase tax, stamp duty, property tax, land use tax, vehicle and vessel tax, land value-added tax, deed tax and personal income tax according to its business and occurrence;

2. A sole proprietorship enterprise pays individual income tax and does not pay enterprise income tax. There are two ways for tax authorities to collect individual income tax of sole proprietorship enterprises. One way is to collect personal income tax through auditing, and the balance of the total income after deducting costs, expenses and losses in each tax year is taxable income, and then the taxable amount is calculated according to the corresponding tax rate in the tax rate table determined by personal income tax; The other is an approved collection. According to the Provisions of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Printing and Distributing the Measures for the Collection of Enterprise Income Tax, the taxable income is calculated by multiplying the sales income of an enterprise by the taxable income rate. The specific collection method shall be determined by the competent tax authorities.

3. As long as the enterprise has profits, no matter what kind of collection method is adopted, no matter whether the profits of the enterprise are distributed or not, it is necessary to pay personal income tax. According to the taxable items of "income from production and operation of individual industrial and commercial households" in the individual income tax law, the five-level excess progressive tax rate of 5%-35% is applied to calculate and collect individual income tax.

Legal basis: Article 30 of the Law of People's Republic of China (PRC) on the Administration of Tax Collection.

Withholding agents shall perform the obligations of withholding and collecting taxes in accordance with the provisions of laws and administrative regulations. The tax authorities shall not require units and individuals that have no obligation to withhold or collect taxes according to laws and administrative regulations.

When withholding agents perform their obligations according to law, taxpayers shall not refuse to withhold or collect taxes. If the taxpayer refuses, the withholding agent shall promptly report to the tax authorities for handling.

The tax authorities shall, in accordance with the provisions, pay the withholding agents the handling fees for withholding and collecting and remitting.