A: The eligibility for pre-tax deduction of public welfare donations should meet the following requirements:
1. meets the conditions stipulated in Article 52 of the Regulations for the Implementation of the Enterprise Income Tax Law.
The public welfare social organizations mentioned in Article 51 of these Regulations refer to charitable organizations and other social organizations that meet the following conditions:
(a) registered in accordance with the law, with legal personality;
(two) for the purpose of developing public welfare undertakings, not for profit;
(3) All assets and their added value are owned by legal persons;
(four) the income and operating balance are mainly used for enterprises that meet the purpose of establishing a legal person;
(5) The remaining property after termination does not belong to any individual or profit-making organization;
(six) do not engage in business unrelated to the purpose of its establishment;
(7) Having a sound financial accounting system;
(eight) the donor does not participate in the distribution of legal person property in any form;
(nine) other conditions stipulated by the competent departments of finance and taxation of the State Council in conjunction with the civil affairs department of the State Council and other registration management departments.
Two, every year before March 3 1 day, should be required to submit the audited annual special information report to the registration authority.
Three, a social organization with the qualification of public fundraising, the annual expenditure for charity in the previous two years accounted for the proportion of the total income of the previous year shall not be less than 70%. When calculating the proportion of expenditure, the average income of the previous three years can be used instead of the total income of the previous year. Social organizations that are not qualified for public fundraising shall spend no less than 8% of their net assets at the end of last year on charity in the first two years. When calculating this ratio, you can replace the net assets at the end of last year with the average net assets at the end of the previous three years.
Four, social organizations with public fundraising qualifications, the proportion of annual expenditure management fees in the previous two years to the total expenditure of the year shall not be higher than 10%. Social organizations that are not qualified for public fundraising shall not spend more than 65,438+02% of their annual management expenses in the first two years.
Five, with the non-profit organization tax exemption qualification, and the tax exemption qualification is within the validity period.
Six, the first two years have not been subject to administrative punishment by the registration authority (except for warnings).
Seven, the first two years have not been included in the list of serious violations of law and dishonesty by the registration authority.
Eight, the evaluation level of social organizations is more than 3A (including 3A) and the evaluation results are still valid when the pre-tax deduction qualification of public welfare donations is confirmed.
Accounting treatment of public welfare donation
Borrow: non-operating expenses
Loans: Goods in stock
Taxes payable-VAT payable (output tax)
Donating assets is also the outflow of economic benefits generated by non-daily activities of enterprises. This expenditure, whether public welfare disaster relief donations or non-public welfare disaster relief donations, is accounted for in the subject of "non-operating expenses", that is, no matter how defined by the tax law, accounting treatment is deducted from the accounting profit of the year as the expenditure of the enterprise.
The outflow of inventory and other assets caused by foreign donations does not meet the five conditions for confirming sales income in the Accounting Standards for Business Enterprises No.65438 +04- Income, and enterprises will not increase cash flow or profits due to donations. Therefore, the accountant does not deal with sales, but transfers money according to cost.
If the donation of fixed assets is involved, the book value of the donated fixed assets, the cleaning expenses incurred and related taxes and fees will be collected through the "fixed assets cleaning" subject, and the balance will be transferred to the debit of the "non-operating expenses" subject.
If an enterprise has accrued impairment reserve for donated assets, it must carry forward the accrued impairment reserve for assets at the same time when accounting for donated assets.