Enterprise income tax relief refers to a flexible adjustment measure adopted by the state to encourage and support the development of enterprises or some special industries by using tax economic leverage. Here are some common cases of corporate income tax reduction and exemption. Let's have a look!

I. Pre-tax relief

Pre-tax relief is given before enterprise income tax is collected and put into storage, and enterprises do not need to actually pay taxes. In this case, the enterprise still needs to calculate the income tax payable, and then confirm the tax reduction and exemption after being approved by the tax authorities.

When calculating the income tax payable, the enterprise debits it? Income tax? , credited? Taxes payable-corporate income tax? ; When confirming tax reduction or exemption, debit it? Taxes payable-corporate income tax? , credited? Income tax? .

Due to the decrease of income tax expenses, when the accounts are carried forward at the end of the period, the enterprise's book profit at the end of the period (then distributed according to the regulations) will be increased or the book loss will be reduced accordingly.

The second type is withdrawal and withdrawal.

It means that enterprises declare and pay taxes to the tax authorities in accordance with regulations, and the tax authorities handle tax refund procedures for enterprises on the spot in accordance with regulations. Retreat means that after the enterprise declares and pays income tax according to the regulations, the tax authorities will reduce or exempt the enterprise according to the prescribed procedures.

When calculating the income tax payable, the enterprise debits it? Income tax? , credited? Taxes payable-corporate income tax? ; When paying taxes, debit? Taxes payable-corporate income tax? , credited? Cash? Or? Bank deposit? Subject; Debit when confirming tax reduction and exemption to tax refund? Bank deposit? , credited? Income tax? .

As the income tax expenses are deducted, when the accounts are carried forward at the end of the period, the book profit at the end of the period is correspondingly increased (and then distributed according to the regulations) or the book loss is reduced, which has an impact on the after-tax profit of the enterprise.

3. Tax refund for specific purposes

In some cases, the enterprise income tax rebate has its designated purpose, and the enterprise cannot get the tax rebate in full. Its common situation is as follows.

1, income tax rebate, as a national investment, forms a special national capital. Debit when you receive the tax refund? Bank deposit? Subject, credit? Paid-in capital-state capital? Theme.

2. As a gift from the state to all investors, the income tax rebate is used for enterprise development and reproduction. Debit when you receive the tax refund? Bank deposit? Subject, credit? Capital reserve? His capital reserve? Theme.

3, income tax rebate as a special fund for projects, equipment, specific people. Debit when you receive the tax refund? Bank deposit? Subject, credit? Other accounts payable departments? 、? Other payables? Theme. When using it, debit it? Other payables? Subject, credit? Bank deposit? 、? Cash? Theme.

The above 1-3 tax refund has no effect on the after-tax profit of the enterprise.

4. Part of the income tax rebate is used for enterprise development, and part of it is handed over to relevant departments according to regulations. Debit when you receive the tax refund? Bank deposit? Subject, respectively, according to the amount of credit? Capital reserve? Other capital reserve? 、? Other accounts payable departments? . When using it, debit it separately? Other accounts payable departments? Subject, credit? Bank deposit? 、? Cash? Theme.

Enterprise income tax relief refers to a flexible adjustment measure adopted by the state to encourage and support the development of enterprises or some special industries by using tax economic leverage. Here are some common cases of corporate income tax reduction and exemption. Let's have a look!

I. Pre-tax relief

Pre-tax relief is given before enterprise income tax is collected and put into storage, and enterprises do not need to actually pay taxes. In this case, the enterprise still needs to calculate the income tax payable, and then confirm the tax reduction and exemption after being approved by the tax authorities.

When calculating the income tax payable, the enterprise debits it? Income tax? , credited? Taxes payable-corporate income tax? ; When confirming tax reduction or exemption, debit it? Taxes payable-corporate income tax? , credited? Income tax? .

Due to the decrease of income tax expenses, when the accounts are carried forward at the end of the period, the enterprise's book profit at the end of the period (then distributed according to the regulations) will be increased or the book loss will be reduced accordingly.

The second type is withdrawal and withdrawal.

It means that enterprises declare and pay taxes to the tax authorities in accordance with regulations, and the tax authorities handle tax refund procedures for enterprises on the spot in accordance with regulations. Retreat means that after the enterprise declares and pays income tax according to the regulations, the tax authorities will reduce or exempt the enterprise according to the prescribed procedures.

When calculating the income tax payable, the enterprise debits it? Income tax? , credited? Taxes payable-corporate income tax? ; When paying taxes, debit? Taxes payable-corporate income tax? , credited? Cash? Or? Bank deposit? Subject; Debit when confirming tax reduction and exemption to tax refund? Bank deposit? , credited? Income tax? .

As the income tax expenses are deducted, when the accounts are carried forward at the end of the period, the book profit at the end of the period is correspondingly increased (and then distributed according to the regulations) or the book loss is reduced, which has an impact on the after-tax profit of the enterprise.

3. Tax refund for specific purposes

In some cases, the enterprise income tax rebate has its designated purpose, and the enterprise cannot get the tax rebate in full. Its common situation is as follows.

1, income tax rebate, as a national investment, forms a special national capital. Debit when you receive the tax refund? Bank deposit? Subject, credit? Paid-in capital-state capital? Theme.

2. As a gift from the state to all investors, the income tax rebate is used for enterprise development and reproduction. Debit when you receive the tax refund? Bank deposit? Subject, credit? Capital reserve? His capital reserve? Theme.

3, income tax rebate as a special fund for projects, equipment, specific people. Debit when you receive the tax refund? Bank deposit? Subject, credit? Other accounts payable departments? 、? Other payables? Theme. When using it, debit it? Other payables? Subject, credit? Bank deposit? 、? Cash? Theme.

The above 1-3 tax refund has no effect on the after-tax profit of the enterprise.

4. Part of the income tax rebate is used for enterprise development, and part of it is handed over to relevant departments according to regulations. Debit when you receive the tax refund? Bank deposit? Subject, respectively, according to the amount of credit? Capital reserve? Other capital reserve? 、? Other accounts payable departments? . When using it, debit it separately? Other accounts payable departments? Subject, credit? Bank deposit? 、? Cash? Theme.