From January 1, 2019 to December 31, 2022, enterprises use public welfare social organizations or people’s governments at or above the county level (including county level) and their constituent departments and directly affiliated institutions for targeted purposes. Poverty alleviation donation expenditures in poverty-stricken areas are allowed to be deducted when calculating the taxable income of corporate income tax. Within the policy implementation period, if the targeted poverty alleviation areas are lifted out of poverty, the above policies can continue to be applied.

Legal basis: "Announcement of the Ministry of Finance, State Administration of Taxation and the State Council Poverty Alleviation Office on the Pre-tax Deduction Policy for Income Tax on Enterprise Poverty Alleviation Donations" 1. From January 1, 2019 to December 31, 2022, enterprises can Poverty alleviation donation expenditures used by social organizations or people's governments at or above the county level (including county level) and their constituent departments and directly affiliated institutions for targeted poverty alleviation areas are allowed to be deducted according to the actual amount when calculating the taxable income of corporate income tax. Within the policy implementation period, if the targeted poverty alleviation areas are lifted out of poverty, the above policies can continue to be applied.