1, if the taxable income does not exceed 1 10,000 yuan, it will be included in the taxable income at a reduced rate of 25%, and the enterprise income tax will be paid at a rate of 20%, with the actual tax burden reduced to 5%.

2. If the annual taxable income exceeds 6,543,800 yuan but not more than 3 million yuan, it will be included in the taxable income at a reduced rate of 50%, and the enterprise income tax will be paid at a reduced rate of 20%, and the actual tax burden will be reduced to 654.38+00%.

There are three criteria for the identification of small and micro enterprises, as follows:

1, the total assets, industrial enterprises do not exceed 50 million yuan, other enterprises do not exceed 50 million yuan.

2. No more than 300 employees in industrial enterprises and no more than 300 employees in other enterprises.

3, tax indicators, the annual taxable income does not exceed 3 million yuan. ?

Extended data:

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In addition to income tax concessions, small and micro enterprises can also enjoy preferential policies of exemption from value-added tax.

According to data from the Ministry of Finance

The Notice of State Taxation Administration of The People's Republic of China on Implementing the Inclusive Tax Relief Policy for Small and Micro Enterprises (Caishui [20 19] 13) stipulates that several issues concerning the collection and management of small-scale taxpayers with monthly sales of 654.38+10,000 yuan (inclusive) are hereby announced as follows:

1. Small-scale taxpayers are engaged in VAT taxable sales, and the total monthly sales amount does not exceed 1 10,000 yuan (if 1 quarter is 1 tax period, the sales amount in the quarter does not exceed 300,000 yuan, the same below), which is exempt from VAT.

2. Small-scale taxpayers conduct VAT taxable sales, and the total monthly sales amount exceeds 654.38+10,000 yuan, but the sales of goods, services and intangible assets do not exceed 654.38+10,000 yuan.

State Taxation Administration of The People's Republic of China, People's Republic of China (PRC)-What's the difference between small and micro enterprises and small and low-profit enterprises?

State Taxation Administration of The People's Republic of China, People's Republic of China (PRC)-Small and micro enterprises with monthly income below 654.38+10,000 shall be exempted from tax increase.