The debit of tax payable is decreased, and the tax payable belongs to the liability account. The credit of the liability account is increased and the debit is decreased. Among the six major financial elements, taxes payable belong to liabilities, and the subjects of liabilities are all increased by the lender and decreased by the borrower; Taxes payable are the same, with the lender indicating an increase and the borrower indicating a decrease, and the lender indicating the unpaid taxes that happened at the beginning of the enterprise, and the borrower indicating the taxes that the enterprise has already paid, and generally there is no balance at the end of the period.

Provisions on the treatment of enterprise income tax

1, financial funds, refers to the financial subsidies, subsidies and loan interest subsidies obtained by enterprises from the government and its relevant departments, as well as other kinds of special financial funds, including direct reduction and exemption of value-added tax and various taxes that are immediately refunded, refunded first and refunded first, but excluding export tax rebates obtained by enterprises in accordance with regulations; The so-called state investment refers to the direct investment that the state invests in enterprises as investors and correspondingly increases the paid-in capital (share capital) of enterprises in accordance with relevant regulations.

(1) All kinds of financial funds obtained by enterprises should be included in the total income of the enterprise in the current year, except the principal required to be returned after the state investment and the use of funds.

(2) The fiscal funds collected by enterprises for special purposes as stipulated by the Ministry of Finance and State Taxation Administration of The People's Republic of China and approved by the State Council are allowed as non-taxable income and deducted from the total income when calculating the taxable income.

(3) The expenses incurred by an enterprise when its non-taxable income is used for expenditure shall not be deducted when calculating the taxable income, and its calculated depreciation and amortization shall not be deducted when calculating the taxable income.

2, government funds and administrative fees.

(1) Income from financial subsidies allocated by financial departments or higher-level units by institutions, social organizations and other organizations included in budget management according to the approved relationship between budget and funds reporting is allowed as non-taxable income, which is deducted from the total income when calculating taxable income, except as otherwise stipulated by the State Council, Ministry of Finance and State Taxation Administration of The People's Republic of China.

(2) All funds and fees collected by the enterprise should be included in the total income of the enterprise in that year. Government funds and administrative fees collected by enterprises in accordance with laws, regulations and the relevant provisions of the State Council are allowed as non-taxable income, which is deducted from the total income when calculating the taxable income in the year when they are turned over to finance; The unpaid financial portion cannot be deducted from the total income.

(3) Government funds paid by enterprises in accordance with regulations and approved by the State Council or the Ministry of Finance, as well as administrative fees approved by the people's governments of the State Council and provinces, autonomous regions and municipalities directly under the Central Government and their financial and price departments, are allowed to be deducted when calculating taxable income.