The items that need to be adjusted in the final settlement of enterprise income tax are as follows:

Because accounting and taxation are quite different in accounting purpose, accounting caliber, measurement method and time, there is a difference between pre-tax accounting profit calculated by accounting method and taxable profit calculated by tax law in the same period, and the adjustment of this difference has become an important part of income tax settlement. This paper intends to discuss the reasons, nature, content and accounting treatment methods of this difference in order to provide useful reference for income tax settlement.

I. Income items that need to be adjusted in the final settlement of income tax

1. Non-taxable income. Financial allocation, administrative fees collected according to law and incorporated into financial management, government funds and other non-taxable income stipulated by the State Council.

2. debt interest's income. Not included in the income tax payable, but the income from the transfer in the middle should be taxed.

II. Expenditure items that need to be adjusted in the final settlement of income tax

1. Employee welfare expenses. The part of employee welfare expenses incurred by an enterprise that does not exceed 14% of the actual total wages and salaries is allowed to be deducted. The excess part is subject to tax adjustment and is accounted for as a permanent business.

2. Trade union funds. The part of trade union funds allocated by enterprises that does not exceed 2% of the total wages and salaries is allowed to be deducted. "Announcement of State Taxation Administration of The People's Republic of China on the Proof of Pre-tax Deduction of Enterprise Income Tax for Trade Union Funds" (State Taxation Administration of The People's Republic of China Announcement No.24 of 20 10) stipulates that from July 20 10, the trade unions paid by enterprises are workers' unions.

3. Employee education funds. The part of employee education funds incurred by the enterprise that does not exceed 2.5% of the total wages is allowed to be deducted; The excess is allowed to be carried forward and deducted in future tax years. At this time, timing difference will be generated, which should be treated as a tax increase item.

4. Five insurances and one gold. The "five insurances and one gold" paid by enterprises for employees in accordance with the scope and standards stipulated by the relevant competent departments of the State Council or the provincial people's government is allowed to be deducted; Supplementary endowment insurance premiums and supplementary medical insurance premiums paid by enterprises for investors or employees are allowed to be deducted from the insurance premiums paid by the competent departments of finance and taxation in the State Council. According to the relevant policies and regulations of the state, the supplementary endowment insurance premiums and supplementary medical insurance premiums paid by enterprises for all employees who are employed or employed in the enterprise are allowed to be deducted when calculating the taxable amount, and the excess part will not be deducted.

5. Interest expenses. The following interest expenses incurred by an enterprise in its production and operation activities are allowed to be deducted: (1) interest expenses incurred by non-financial institutions in borrowing from financial institutions, interest expenses incurred by financial institutions in various deposits and interbank lending, and interest expenses incurred by enterprises in issuing bonds upon approval; (2) The interest expenses of non-financial institutions borrowing from non-financial institutions shall not exceed the amount calculated according to the interest of similar loans of financial institutions in the same period; (3) Interest expenses incurred when the ratio of bond investment and equity investment accepted by an enterprise from its related parties exceeds the prescribed standard shall not be deducted in the current period and the following years. The specific ratio of bond investment and equity investment is: financial enterprise 5: 1, other enterprises 2: 1.

6. Business entertainment expenses. Business entertainment expenses incurred by an enterprise related to production and business activities shall be deducted according to 60% of the amount incurred, but the maximum amount shall not exceed 0.5% of the sales (business) income of the current year. At the same time, illegal expenses such as kickbacks and bribes to customers shall be strictly distinguished, which cannot be regarded as business entertainment expenses and should be directly subject to tax adjustment. Pay special attention to No.79 of Guoshuihan [20/KLOC-0]. For enterprises engaged in equity investment business (including headquarters of group companies, venture capital enterprises, etc.), the deduction limit of business entertainment expenses can be calculated according to the prescribed proportion of dividends, bonuses and equity transfer income distributed from the invested enterprises.

7. Advertising expenses and business promotion expenses. Unless otherwise stipulated by the competent departments of finance and taxation of the State Council, the eligible advertising expenses and business promotion expenses incurred by an enterprise shall be deducted, and the part that does not exceed 0/5% of the current year's sales revenue (business)/kloc-shall be allowed to be deducted, and the excess part shall be allowed to be carried forward in future tax years, resulting in timing difference.

8. Fines, fines and late payment fees. (1) Late payment fees refer to the late payment fees imposed by the tax authorities by taxpayers in violation of tax laws and regulations, which cannot be deducted and should be increased; (2) Fines, fines and financial losses confiscated refer to the fines imposed by the relevant departments by taxpayers in violation of relevant national laws and regulations, and the fines and financial losses confiscated by judicial organs, which are all administrative fines and cannot be deducted, and should be subject to tax increase.

9. Donation. Donation expenses incurred by enterprises for public welfare undertakings, which do not exceed 12% of the total annual profit, are allowed to be deducted, while non-public welfare donations are not allowed to be deducted and should be subject to tax increase.

What is the tax refund process of enterprise income tax settlement?

Tax refund process of enterprise income tax settlement:

1. Those who handle the final settlement and settlement of tax refund shall go to the competent tax authorities with the final settlement form and the tax payment receipt for warehousing to receive the Approval Form for Tax Refund, fill it out truthfully and submit it to the competent tax machine for approval.

2, the handling personnel stated that it was due to technical errors caused by the wrong tax refund; Tax rebates for final settlement, settlement, reduction and exemption, policy adjustment and tax rate adjustment formed in the process of collection shall be examined and approved by the tax authorities at the county level.

3, by the taxpayer to fill in the "tax refund application form (or tax refund declaration form)", submitted to the grassroots tax authorities for examination and verification and then submitted to the tax authorities at the county level or the tax authorities in charge of tax refund for examination and approval, and then by the tax accountant to fill in the "income refund book" and send it to the state treasury for refunding; For those taxpayers who do not need to file an application for tax refund, the grass-roots tax authorities directly report to the county-level tax authorities for review according to relevant evidence (such as income tax return, tax treatment decision, and tax ticket review error handling sheet, etc.), and then the tax accountant fills out an "income refund form" and sends it to the state treasury for refund.