1. The income tax treatment of enterprise liquidation refers to the treatment of liquidation income, liquidation income tax, dividend distribution and other matters when an enterprise stops continuing its business and terminates its own operation, disposes of assets, pays off debts and distributes surplus property to owners. 2. The following enterprises shall be treated with liquidation income tax: (1) Enterprises that need liquidation according to the Company Law and the Enterprise Bankruptcy Law; (2) Enterprises that need to be liquidated during enterprise reorganization. 3. The income tax treatment of enterprise liquidation includes the following contents: (1) Confirm all assets according to the realizable value or transaction price, and confirm the gains or losses of asset transfer; (two) to confirm the gains or losses from the liquidation of creditor's rights and debts. (3) Change the accounting principle of going concern, and deal with the accrued or deferred expenses; (four) to make up the losses according to law and determine the liquidation income; (5) Calculating and paying liquidation income tax; (6) To decide on the remaining property and dividend payable that can be distributed to shareholders. Four, the realizable value or transaction price of all assets of the enterprise, after deducting the assets tax basis, liquidation expenses, related taxes and fees, plus the debt settlement gains and losses, the balance is the liquidation income. During the whole liquidation period, an enterprise shall calculate the liquidation income as an independent tax year.

legal ground

Article 73 of the General Principles of the Civil Law of People's Republic of China (PRC) * * * If a legal person is declared bankrupt, bankruptcy liquidation shall be conducted according to law, and the legal person shall be terminated when the registration is cancelled.