Announcement on the implementation of the expansion of small profit halved corporate income tax issues related to the scope

Announcement on the implementation of the expansion of small profit halved corporate income tax issues related to the scope

Ref: State Administration of Taxation Announcement No. 17, 2015
Issued: State Administration of Taxation
Date issued: 2015-03-18

In order to implement decision 83 State Council executive meeting on expanding small profit halved corporate income tax scope, according to "People's Republic of China Enterprise Income Tax Law" and its implementing regulations, "Ministry of Finance State Administration of Taxation on small low-profit enterprise income tax preferential policies "(Cai Shui [2015] No. 34) provides for the implementation of small low-profit enterprise income tax preferential policy issues are announced as follows:
First, in line with the provisions of small low-profit enterprises, whether to take or audit collection approved collection methods, can enjoy the small low-profit enterprise income tax preferential policies.
Small low-profit enterprise income tax preferential policies, including the reduced rate of corporate income tax rate of 20% (hereinafter referred to as reduced tax policy), and Cai Shui [2015] No. 34 document preferential provisions (hereinafter referred to halve the tax policy).
Second, when you meet the specified conditions small profit in the quarter, month prepaid corporate income tax, they can enjoy their own small low-profit enterprise income tax preferential policies, without the tax authorities for approval.
Small profit at the time of prepayment and final settlement of enterprise income tax by filling out the form "number of employees, total assets of" tax return filing procedures and other fields times, no separate special record. Before 2015 corporate income tax returns revised prepayment, prepayment when small profit reporting, without providing temporarily "number of employees, total assets of" situation.
Third, the small low-profit enterprises enjoy preferential corporate income tax prepayment when performed in accordance with the following provisions:
(A) audit collection of small low-profit enterprises. The previous tax year in line with the conditions of small low-profit enterprises, and the annual taxable income does not exceed $ 200,000 (inclusive), respectively, in the following circumstances:
1. This year the actual profits prepaid corporate income tax, when paid in advance the actual accumulated profits not exceeding $ 200,000, you can enjoy a small profit halved corporate income tax policy; more than 200,000 yuan, it shall cease to enjoy halved taxation policy.
2. quarter of this year according to the taxable income of the previous year (or month) the average amount of corporate income tax paid in advance, you can enjoy a small profit halved tax policy.
(B) fixed-rate tax of small profit. The previous tax year in line with the conditions of small low-profit enterprises, and the annual taxable income does not exceed $ 200,000 (inclusive), when the prepaid corporate income tax this year, the cumulative taxable income does not exceed $ 200,000, you can enjoy halved levy tax policy; more than $ 200,000, do not enjoy halved tax policy.
(Iii) a fixed tax of small profit, after Tiaojian corresponding quota according to the original measures imposed by the tax authorities in accordance with the provisions of preferential policies.
(Iv) the year when the newly established small profit prepaid corporate income tax, where the actual accumulated profits or taxable income does not exceed $ 200,000, you can enjoy halved tax policy; more than $ 200,000, cease to enjoy Save semi-tax policy.
(E) the production and operation of enterprises according to the year, the current year is expected to meet the conditions of small low-profit enterprises, quarterly, at month prepaid corporate income tax, you can enjoy a small low-profit enterprise income tax preferential policies.
Fourth, enterprises prepayment small low-profit enterprises enjoy the preferential policies, but the annual final settlement exceed the prescribed limits, it should be required to pay the tax.
5. "State Administration of Taxation on Publish <People's Republic of China Enterprise Income Tax Monthly (Quarterly) Prepayment Declaration Form (2014 Edition) and other reports> notice" (State Administration of Taxation Announcement No. 28 of 2014) Annex 2, Annex 4 It involves the following times relevant line reporting instructions, the original 100,000 yuan to 200,000 yuan unified modification:
(A) Annex 2 "People's Republic of China Enterprise Income Tax Monthly (Quarterly) Prepayment Declaration Form (A Class, 2014 Edition)" reporting instructions under Article 13. The line 14 (a) of the reporting instructions.
(B) Annex 2 "People's Republic of China Enterprise Income Tax Monthly (Quarterly) Prepayment Declaration Form (A Class, 2014 Edition)" reporting instructions Article 5 (b) of the 5. line 25 reporting instructions.
(C) Annex 4 "People's Republic of China Enterprise Income Tax Monthly (Quarterly) and annual tax returns (Class B, 2014 edition)" reporting instructions Article (c) of Article 12 1. The line reporting instructions.
Sixth, the notice applies to the 2015-2017 annual report and pay small profit enterprise income tax. The date of this announcement, "the State Administration of Taxation on the expansion of small profit halved corporate income tax issues related to the scope of the notice" (State Administration of Taxation Announcement No. 23 of 2014) abolished.
Special announcement.

State Administration of Taxation
March 18, 2015