I can't. Except the reserves approved by the Ministry of Finance of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China, the reserves accrued by other industries and enterprises shall not be deducted before tax. After June 5438+ 10/2008, without the approval of the Ministry of Finance of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China, all kinds of reserves accrued in accordance with the provisions of the original enterprise income tax law should be offset against the corresponding losses actually incurred by the enterprise in subsequent years. Therefore, the provision for inventory depreciation accrued by enterprises cannot be deducted before tax.

1. What are the impairments that enterprises often encounter?

The provision for impairment accrued by general enterprises includes

1, short-term investment impairment reserve;

2. Provision for bad debts;

3. Inventory depreciation reserve;

4. Provision for impairment of long-term investment;

5. Provision for impairment of fixed assets;

6. Provision for impairment of intangible assets;

7. Provision for impairment of construction in progress;

8. Provision for impairment of entrusted loans.

2. Can these impairments be deducted before tax?

According to the Enterprise Income Tax Law of People's Republic of China (PRC) and its implementing regulations, reasonable bad debt losses related to income actually incurred by enterprises are allowed to be deducted when calculating taxable income. Assets impairment reserves and risk reserves that do not meet the requirements of the competent departments of finance and taxation of the State Council shall not be deducted. Article 2 of the Notice of State Taxation Administration of The People's Republic of China on Several Tax Treatment Issues in the Implementation of Enterprise Income Tax (Guo [2009] No.202) stipulates: "According to Article 55 of the Implementation Regulations, except for the reserves approved by the Ministry of Finance of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China, the asset impairment reserves and risk reserves accrued by other industries and enterprises shall not be deducted before tax.

That is to say, although these impairment reserves listed in the first part have been included in the current profit and loss, they cannot be deducted before the current enterprise income tax. Only when these accrued losses actually occur can they be deducted during the tax period when the losses actually occur.

3. What reserve expenditures can be deducted before tax?

Since unapproved reserve expenses refer to reserve expenses that are not allowed to be deducted before tax, such as asset impairment reserve and risk reserve, which are not in line with the provisions of the competent departments of finance and taxation in the State Council, what are those approved reserve expenses? Mainly includes the following categories:

1. Financial enterprises: general loan loss, agricultural loan loss reserve and SME loan loss reserve;

2. Insurance enterprises: insurance guarantee fund, unexpired liability reserve, life insurance liability reserve, long-term health liability reserve, outstanding claims reserve and catastrophe risk reserve;

3. SME credit guarantee institutions: guarantee compensation reserve and unexpired liability reserve;

4. Securities industry: stock exchange risk fund, securities settlement risk fund, securities investor protection fund, futures exchange risk reserve, futures company risk reserve and futures investor protection fund;

5. China UnionPay Co., Ltd.: special risk reserve.