1, direct method
Taxable income is the total income of an enterprise in each tax year, after deducting non-taxable income, tax-free income, various deductions and losses allowed to make up in previous years. 、
Taxable income = total income-non-taxable income-tax-exempt income-deduction-loss in previous years.
2. Indirect method
On the basis of the total accounting profit, after adding or subtracting the project amount adjusted according to the provisions of the tax law, it is the taxable income.
Taxable income = total accounting profit plus or minus the amount of tax adjustment items.
The amount of tax adjustment items includes two aspects: first, the amount that should be adjusted when the financial accounting treatment of enterprises is inconsistent with tax laws and regulations; The second is the tax amount that the tax law allows enterprises to deduct.
Extended data
Taxable income refers to all taxable income obtained by taxpayers in a certain period, and the balance after deducting various expenses allowed to be deducted according to the tax law is the tax basis for calculating enterprise income tax.
The taxable income stipulated in the enterprise income tax law refers to the total income of an enterprise in each tax year, after deducting non-taxable income, tax-free income, various deductions and allowable losses in previous years.
The calculation of taxable income of an enterprise is based on accrual basis, which belongs to the income and expenses of the current period, regardless of whether the payment is received or not. The income and expenses that do not belong to this period, even if the money has been received and paid in this period, are not regarded as the income and expenses of this period. Unless otherwise provided by the competent departments of finance and taxation of the State Council.
Data expansion:
1. Taxable income: it is the tax basis of enterprise income tax. It is the taxpayer's total income in each tax year minus the allowable deductions, namely:
Taxable income = total income-deductible item amount
2. Taxable amount: refers to the amount of tax paid by taxpayers to the state according to a certain proportion of taxable income. The calculation formula of tax payable is:
Taxable amount = taxable income * income tax rate
The taxable amount is the result of multiplying the taxable income by the applicable tax rate, which is expressed by the following formula:
Taxable amount = taxable income * applicable tax rate.
The taxable income is actually the total profit.
The taxable amount is the total profit multiplied by the income tax rate, which is the income tax you should pay.