Legal Subjectivity:

We all know that within the territory of the People’s Republic of China, enterprises and other organizations that obtain income (hereinafter collectively referred to as enterprises) are taxpayers of corporate income tax. According to Corporate income tax shall be paid in accordance with the provisions of the Corporate Income Tax Law. This law does not apply to sole proprietorships and partnerships. 1. Approved collection methods Approved collection methods include two methods: fixed-amount collection and approved taxable income rate collection, as well as other reasonable methods. 1. Fixed-amount collection refers to a method in which the tax authorities directly determine the annual corporate income tax payable by taxpayers in accordance with certain standards, procedures and methods, and the taxpayers declare and pay in accordance with regulations. 2. Assessment of the taxable income rate levy means that the tax authorities pre-assess the taxpayer's taxable income rate in accordance with certain standards, procedures and methods, and the taxpayer shall determine the taxable income rate based on the total income or the actual amount of costs and expenses in the tax year. , a method of calculating and paying corporate income tax based on a pre-determined taxable income rate. If the taxable income rate collection method is implemented, the calculation formula for the amount of income tax payable is as follows: income tax payable = taxable income * applicable tax rate; taxable income = total income * taxable income rate; or = cost expenses Amount/(1-taxable income rate)*taxable income rate; the tax department will give a taxable income rate table, such as industry, transportation, and commerce 7-20%; construction and real estate development 10- 20%; catering service industry 10-25%; entertainment industry 10-25%; other industries 10-30%. If an enterprise operates in multiple industries, regardless of whether its business items are accounted for separately, the tax authority shall determine the taxable income rate applicable to a certain industry based on its main business items. 2. Audit and collection (1) Calculation of quarterly prepaid taxes According to the tax law, when an enterprise prepays income tax on a monthly (quarterly) basis, it should calculate the tax payable in advance based on the actual profits of the quarter; calculate the tax payable based on the actual profits of the quarter. If it is difficult to prepay, the tax payable can be calculated as 1/4 of the taxable income of the previous year or other methods approved by the competent state tax authorities (such as based on the annual planned profit). The calculation formula is: quarterly prepaid corporate income tax = monthly (quarterly) taxable income × applicable tax rate; or quarterly prepaid corporate income tax = taxable income of the previous year × 1/12 (or 1/4) × applicable tax rate. (2) Calculation of annual income tax The corporate income tax and local income tax payable in the year shall be paid in advance on a monthly (quarterly) basis, and shall be liquidated after the end of the year, and any excess shall be refunded. The calculation formula of the tax amount is: the annual corporate income tax payable = the annual taxable income × the applicable tax rate; the annual corporate income tax payable (refund) amount = the annual corporate income tax payable - month (quarter) Corporate income tax has been prepaid. (3) Calculation of taxable income: The tax law stipulates that the basic calculation formula of taxable income is: taxable income = total income - the amount of allowed deduction items; in the actual collection and management of income tax and the tax declaration of enterprises, it should be The calculation of taxable income is generally based on the total accounting profit of the enterprise and determined through tax adjustment, that is: taxable income = total profit + increase in tax adjustment - decrease in tax adjustment - previous year's loss - tax-free income . The methods of corporate income tax collection include audit collection and verification collection. Verified collection refers to a collection method in which the tax authorities verify and verify the output and sales of taxable products produced by the taxpayer based on the taxpayer's situation and under normal production and operation conditions, and then collect taxes according to the tax rate stipulated in the tax law. The above is the relevant content of corporate income tax collection. I hope it will be helpful to everyone.