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Why should real estate enterprises conduct income tax liquidation?
Hello, State Taxation Administration of The People's Republic of China on Printing and Distributing < Measures for the treatment of enterprise income tax in real estate development and operation business > Article 12 of the Notice (Guo Shui Fa [2009]3 1No.) stipulates: "The expenses incurred by the enterprise during the period, the taxable cost of the developed products sold, the business tax and surcharges, and the land value-added tax are allowed to be deducted in the current period according to regulations."

Therefore, the expenses incurred by the enterprise during the period are allowed to be deducted according to the regulations in the current period. Pre-sale income can only be confirmed if it meets the requirements (that is, carry-over sales income). At the same time, the taxable cost, business tax and surcharges and land value-added tax of development products can be carried forward, which can be deducted.

3. About making up the losses of previous years.

Paragraph 2 of Article 128 of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China stipulates: "When an enterprise pays enterprise income tax monthly or quarterly according to Article 54 of the Enterprise Income Tax Law, it shall pay in advance according to the actual profit of each month or quarter; If it is difficult to pay in advance according to the actual monthly or quarterly profit, it can be paid in advance according to the monthly or quarterly average amount of taxable income in the previous tax year, or by other methods recognized by the tax authorities. "

"State Taxation Administration of The People's Republic of China on printing and distributing <: Measures for the treatment of enterprise income tax in real estate development and operation business > The first paragraph of Article 9 of the Notice (Guo Shui Fa [2009] No.31) stipulates: "What is the income from the sale of unfinished products by enterprises? First, the estimated gross profit should be calculated according to the estimated taxable gross profit by quarter (or month) and included in the taxable income of the current period. After the development product is completed, the enterprise shall timely settle its taxable cost and calculate the actual gross profit of the previous sales revenue, and at the same time, the difference between its actual gross profit and its corresponding estimated gross profit shall be included in the taxable income calculated by combining this project with other projects of the enterprise in the current year. "

In combination with the above provisions, the gross profit calculated by your company according to the pre-sale income from the sale of unfinished development products is included in the current taxable income (deductible items have been deducted), and the monthly or quarterly enterprise income tax payable is calculated based on the taxable income, and the annual settlement can make up for the losses of previous years according to regulations.

4. About the advertising fee, business promotion fee and business entertainment fee.

The advertising expenses, business promotion expenses and business entertainment expenses incurred shall be charged in the expenses of the current year. Because the pre-sale income is confirmed and carried forward when it meets the requirements, in the annual settlement, the advertising fee and business promotion fee that exceed the standard based on the sales income of the current year are allowed to be carried forward and deducted in future tax years; Business entertainment expenses exceeding the standard will directly increase taxable income. Business entertainment expenses cannot be charged in the indirect expenses of development. If they have been charged, they should be incorporated into the amount incurred in the current year and deducted according to the standard in the annual settlement.

Hope to adopt, thank you.