The answer to this question varies by region, policy and other factors. For specific information and suggestions, it is best to consult local tax authorities or accounting firms.

What is the detailed calculation method of enterprise income tax? How much corporate income tax do I need to pay?

According to China's tax law, the business income of individual industrial and commercial households should pay enterprise income tax. The calculation method of operating income of individual industrial and commercial households is:

Taxable income = total operating income-statutory deduction expenses-basic deduction expenses of 5000 yuan.

Among them, the deduction expenses include raw material cost, labor cost, rent, interest, depreciation, repair cost, advertising fee, etc. Expense deduction refers to the tax reduction and exemption of small-scale low-profit enterprises, tax deduction and other taxes that can be reduced or exempted according to regulations.

The enterprise income tax rate is 20%, but if your company is a small and meager profit enterprise, you can enjoy preferential tax rate. The specific tax rate is determined by the local tax authorities according to the policy.

Is the enterprise income tax declared monthly, quarterly or annually?

Individual industrial and commercial households shall, in accordance with the principle of annual settlement, declare the enterprise income tax paid in advance to the tax authorities at the beginning of each year, and make annual settlement at the end of each year.

It should be noted that if the income of individual industrial and commercial households is within a certain range (generally below 300,000 yuan), you can choose the simple collection method and pay taxes at 3% of the income. At this time, there is no need for an annual knot. However, it should be noted that the simple collection method can not deduct various expenses, nor can it enjoy preferential tax policies.

Generally speaking, the specific taxation and declaration methods need to be consulted and understood according to local policies and regulations. It is suggested that you consult the local tax authorities or professional accounting firms for more accurate and specific information and suggestions.