From the boss's point of view, the tax paid by the company is higher than the profit, which may be bizarre, and then it is understandable to lament that all the money earned has been taxed. However, from the perspective of financial personnel, it is normal for companies to pay more taxes than profits, and in many cases they will pay more taxes than profits. On the one hand, there are many taxes, such as value-added tax, enterprise income tax, urban construction tax and consumption tax. On the other hand, if your tax here only refers to the enterprise income tax, it is also possible that the profit is not enough to pay the enterprise income tax, and the enterprise with a loss in the profit statement in that year may also pay the enterprise income tax.

Let's take a look at the specific situation:

1. Except income tax, the payment of other taxes has nothing to do with the profitability of the enterprise. Income tax, also known as income tax, refers to a tax levied on various incomes. There are enterprise income tax and individual income tax in China, where income refers to tax profits or personal taxable income. In addition to income tax, there are turnover taxes (value-added tax, consumption tax, customs duties, etc. ), property tax (you have to pay taxes, including vehicle purchase tax, deed tax, once hot "property tax" and so on. ) and behavior tax (such as stamp duty, 2065438+ 16 in 2007). Introduce the main taxes that general enterprises pay a large amount:

(1) enterprise income tax. If the enterprise is profitable, the enterprise income tax shall be paid at 25% of the taxable profit according to the tax standard. Special enterprise income tax concessions such as software and special fields.

(2) value-added tax. When buying and selling goods and services in daily operations, the value-added part is subject to VAT at the tax rates of 17%, 1 1%, 6% and 5%, and small-scale taxpayers are subject to sales (non-VAT rate) at the tax rate of 3%;

(3) consumption tax. Consumption tax is levied on cigarettes, alcohol, high-grade cosmetics, automobiles, motorcycles, refined oil, solid wood floors, wooden disposable chopsticks, etc. 15 tax items.

(4) tariffs. The collection of non-duty-free imported goods is an important source of tax revenue in this country. Since the Qing dynasty, foreigners have been paying off their foreign debts through customs taxes.

So, with the above taxes, isn't it normal for companies to pay higher taxes than profits?

2. The corporate income tax rate is 25%, and the enterprises enjoying preferential treatment are lower than this, that is to say, 25% is the upper limit, so why is the corporate income tax paid higher than the profit in the income statement? This involves the professionalism of accounting work. This is because the profit under accounting is different from the profit under tax. Is that the company's profit statement wrong? Of course not, because tax laws and regulations have various restrictions on various deductible costs, some expenses incurred by enterprises can only be charged as cost expenses in accounting, but are not recognized in taxation. The following items can only be used as costs limited by tax caliber, including but not limited to:

(1) Entertainment expenses can only be deducted according to 60% of the amount incurred, but the maximum amount shall not exceed 5‰ (five thousandths) of the sales (business) income of that year.

(2) Welfare expenses exceed 65,438+04% of total wages, employee education expenses exceed 2.5% of total wages, and trade union expenses exceed 2% of total wages, which cannot be deducted before tax.

(3) Unless otherwise stipulated by the competent departments of finance and taxation of the State Council, advertising fees and business promotion fees exceeding 65,438+05% of the sales (business) income of the current year shall not be deducted before tax.

(4) Commercial insurance premiums paid by enterprises for investors or employees cannot be deducted before tax.

(five) the interest expenses borrowed by non-financial enterprises from non-financial enterprises exceed the amount calculated according to the interest rate of similar loans of financial enterprises in the same period, and shall not be deducted before tax.

(six) the supplementary pension insurance premiums and supplementary medical insurance premiums paid by enterprises for investors or employees are beyond the scope and standards stipulated by the financial and tax departments of the State Council, and shall not be deducted before tax.

(seven) the special funds for environmental protection and ecological restoration extracted by enterprises in accordance with the relevant provisions of laws and administrative regulations are allowed to be deducted. If the above-mentioned special funds are changed after extraction, they shall not be deducted before tax.

(8) Management fees paid between enterprises, rents and royalties paid between internal business organizations of enterprises, and interest paid between internal business organizations of non-bank enterprises shall not be deducted before tax.

(9) Public welfare donation expenses incurred by an enterprise that exceed 12% of the total annual profit shall not be deducted before tax.

(10) It is mentioned in the enterprise income tax law that all kinds of non-advertising expenses unrelated to the production and business activities of enterprises shall not be deducted before tax.

In addition, due to the different accounting estimates of enterprises, assets with shorter service life than the tax provisions will generate depreciation expenses, and the provision for asset impairment cannot be accrued as the current cost, which leads to the accounting cost being greater than the cost confirmed by tax, thus the profit calculated by tax is higher than the profit in accounting statements. When the taxable profit of enterprise income tax with tax caliber reaches more than 4 times of the accounting statement, there will be a situation that the profit is not enough to pay enterprise income tax.

From Jian Mo Finance and Taxation.