1, payable enterprise income tax = current taxable income * applicable tax rate;

Taxable income = total income-deductible item amount;

2. The tax rate of enterprise income tax is the legal tax rate on which the taxable amount of enterprise income tax is calculated. According to the Provisional Regulations of People's Republic of China (PRC) on Enterprise Income Tax, the new Income Tax Law of People's Republic of China (PRC) in 2008 stipulates that the general enterprise income tax rate is 25%.

3. Where a non-resident enterprise establishes an institution or place in China, it shall pay enterprise income tax on the income obtained by its institution or place from China and the income generated outside China but actually related to its institution or place.

4. The enterprise income tax shall be levied at a reduced rate of 20% for small-scale enterprises with low profits that meet the requirements. The Notice of State Taxation Administration of The People's Republic of China on Relevant Issues Concerning Preferential Income Tax Policies for Small and Low-profit Enterprises (Caishui [2011]17) clearly states that,

5. From October 20 12 1 10 to February 20151February 31February, the income of small meager profit enterprises with annual taxable income less than 60,000 yuan (including 60,000 yuan) shall be reduced by 50.

6. The enterprise income tax shall be levied at the reduced rate of 15% for high-tech enterprises that need special support from the state. Taiwan Province Province: The corporate income tax rate in Taiwan Province Province is 25%. After tax reduction, the median tax rate of local companies is 20%, while that of multinational companies is 18%.