Corporate donations can be offset by 0.2% of the total annual profit of 65,438+. If the public welfare donation expenses incurred by an enterprise are within 12% of the total annual profit, they are allowed to be deducted when calculating the taxable income. The part exceeding the total annual profit 12% is allowed to be deducted when calculating the taxable income within three years after carry-over.

Second, analyze the details

Public welfare donation expenditure can be deducted from income tax, corporate public welfare donation can be deducted from corporate income tax, and personal public welfare donation can be deducted from personal income tax. Non-public welfare donations that occur under special circumstances cannot be charged before tax. When calculating the deduction of public welfare donation expenditure, enterprises should first deduct the donation expenditure carried forward from previous years, and then deduct the donation expenditure that occurred in that year.

3. What are the precautions for pre-tax deduction of corporate charitable donation expenses?

1. The enterprise shall ask public welfare social organizations and people's government departments at or above the county level for public welfare donation bills, and make corresponding records. Social organizations and people's governments at or above the county level that accept donations shall issue special donation bills for public welfare undertakings and affix their seals. A compliant and valid donation invoice is an effective voucher for the donation enterprise to deduct enterprise income tax;

2. When making donations, enterprises should donate to qualified public welfare social organizations. The list of qualified non-profit organizations will be jointly published by the Ministry of Finance of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China every year, including mass organizations that continue to meet the pre-tax deduction conditions for non-profit donations and new mass organizations that meet the pre-tax deduction conditions for non-profit donations. Only in the year of the list, the public welfare donation expenses made by enterprises to the mass organizations listed in the list can be deducted before enterprise income tax in accordance with the provisions of the tax law.