Q: Our company has an idle loan of 2 million yuan to another enterprise, which only charges the principal and bank interest, that is, it does not charge any extra fees. Is this a free loan? How to deal with the tax problem? Can I collect and pay the interest expenses on behalf of another enterprise to offset the interest expenses of the bank?

According to the Enterprise Income Tax Law of People's Republic of China (PRC):

Article 6 The income in monetary form and non-monetary form obtained by an enterprise from various channels shall be the total income. Including:

( 1)?

(5) Interest income;

The Regulations for the Implementation of the Enterprise Income Tax Law of People's Republic of China (PRC) stipulates that:

Article 18 The term "interest income" as mentioned in Item (5) of Article 6 of the Enterprise Income Tax Law refers to the income that an enterprise provides funds to others for use, but does not constitute equity investment, or that others occupy enterprise funds, including deposit interest, loan interest, bond interest, arrears interest and other income. ?

Your company only charges principal and bank interest when lending idle loans to others, which is not a free loan. According to the above provisions, the interest earned by lending funds to others should be calculated as income and enterprise income tax should be paid, and it is not allowed to be used as a collection to offset the interest expenses of banks.