Details of all adjustments are as follows:
-20, debt interest income is tax-free income, reduce;
10, fine, not pre-tax deduction, increase;
60. Wages, surcharges and price increases paid beyond the standard;
50 reserves without tax approval shall not be deducted or increased before tax;
-70, the reversal reserve has been increased at the time of withdrawal and decreased in the current period;
40. Accrued expenses can only be charged before tax after they are actually incurred. If they don't happen during this period, they will increase.
-60. The losses of previous years are deducted from the current income tax.
To sum up, the taxable income in this period is 500-20+10+60+50-70+40-60 = 510.
Attachment: According to the regulations, the following items shall not be deducted when calculating enterprise income tax:
I. Capital expenditure
Capital expenditure refers to the expenditure of taxpayers on purchasing and constructing fixed assets and investing abroad. The foreign investment expenditure mentioned here includes the taxpayer's investment in other units in the form of monetary funds, physical and intangible assets, including long-term investment and short-term investment such as buying stocks.
II. Expenditure on intangible assets transfer and development
Expenditure on the transfer and development of intangible assets refers to the expenditure of taxpayers on purchasing intangible assets and developing intangible assets.
The above two expenses cannot be deducted directly, but they can be deducted step by step through depreciation and sales expenses.
Three, illegal economic fines and confiscation of property losses
Illegal business fines and confiscation of property losses refer to the fines imposed by the relevant departments by taxpayers in violation of national laws, regulations and rules in production and operation, and the confiscation of property losses shall not be deducted.
4. Fines, fines and penalties paid for violating laws and administrative regulations.
(1) Fines, fines and late fees paid for violating laws and administrative regulations shall not be deducted before tax.
(2) late fees, fines and penalties for various taxes. Late fees, fines and penalties for various taxes refer to the late fees and fines imposed by tax authorities on taxpayers who violate the provisions of the national tax law, and the fines imposed by judicial departments on taxpayers. In addition, it also includes all kinds of fines other than the above-mentioned fines for illegal operation, including fines for unqualified health inspection, fines for violating family planning, fines for unqualified greening, fines for excessive discharge of sewage, and fines for traffic violations. , deduction is not allowed.
Five, natural disasters or accidents have compensation for losses.
The part with compensation for natural disasters or accidents refers to the compensation paid by the insurance company after the taxpayer participates in property insurance and suffers from natural disasters or accidents. This compensation is not allowed to be deducted. Because for taxpayers, although they have suffered natural disasters or accidents, they have been compensated, and taxpayers have not actually suffered losses, so they should not be deducted.
6 donations that exceed the allowable deduction standard stipulated by the state.
Public welfare and relief donations, as well as non-public welfare and relief donations, exceed the allowable deduction stipulated by the state, which refers to the part of taxpayers' donations for public welfare and relief that exceeds 3% of the annual taxable income (1.5% for financial and insurance enterprises). Unless otherwise specified, this part of the donation is not allowed to be deducted.
Seven. Various sponsorship expenses
Various sponsorship expenditures refer to various non-advertising sponsorship expenditures. This part of the expenditure is not allowed to be deducted. In practical work, the concept of sponsorship expenditure is difficult to determine. Literally, sponsorship expenditure is voluntary expenditure of taxpayers, but in practice, many expenditures are not voluntary, but shared. The concept of sponsorship is difficult to define, so the tax law stipulates that all sponsorship fees except advertising fees are not allowed to be deducted before tax.
Advertising fees sponsored by taxpayers to advertising professional departments approved by the industrial and commercial departments can be used as production and operation expenses and allowed to be deducted before tax.
Eight, other expenses unrelated to income.
Other expenses unrelated to income refers to other expenses unrelated to taxpayers' income except the above items. For example, the owner of a private enterprise buys a refrigerator at home, which has nothing to do with the production and operation of his own enterprise and is not allowed to be deducted when calculating the taxable income.
Nine, to provide other enterprises with guarantees unrelated to their taxable income and bear the principal and interest expenses.
Taxpayers provide loan guarantees unrelated to their taxable income to other independent taxpayers, and the principal and interest borne by the guaranteed taxpayer due to the failure of the guaranteed party to pay the loan shall not be deducted before tax in the guarantee enterprise.
X. Accrual items not deducted in this year
Items that should be accrued but not deducted in the tax year of an enterprise include all kinds of accrued expenses and accrued depreciation. , shall not be transferred to the next year for supplementary deduction.
The above stipulation that "the items that should be accrued and deducted in the tax year of an enterprise, including all kinds of accrued expenses and accrued depreciation, shall not be transferred to the next year for supplementary deduction" refers to the pre-tax deduction items that should be accrued and accrued after the taxpayer declares within the specified reporting period at the end of the year.
Eleven, any form of reserves other than the provisions of national tax laws and regulations.
(1) According to the Provisional Regulations and its detailed rules for implementation, the expenses for pre-tax deduction of enterprise income tax shall be deducted in principle. Except as expressly stipulated in national tax laws and regulations (referring to regulations, detailed rules, tax words, tax issuance, tax letter issuance and other documents), the expenses deducted before enterprise income tax are not allowed to be set aside as reserves (including various occupational risk reserves), and should be deducted according to the facts when they actually occur. From the perspective of accounting and financial management, the relevant departments have approved the proportion and standard for taxpayers to withdraw management fees and other expenses, and the approved reserve can not be used as the basis for pre-tax deduction of enterprise income tax. At the end of the year, the taxpayer shall, in accordance with the provisions of the tax law, transfer the excess expenses or reserve balance to the taxable income of the current period, and shall not carry it forward to the subsequent tax year in the form of reserve. The tax authorities have the right to examine the legality and vacuum of the expenses deducted by taxpayers before tax in accordance with the provisions of the tax law. If the name of the project deducted by the taxpayer is untrue, or the expenses are deducted in the form of reserve, and no adjustment is made at the time of tax declaration at the end of the year, the competent tax authorities shall punish it according to the relevant provisions of the Law of People's Republic of China (PRC) on Tax Collection and Management.
(2) Pre-tax deduction is not allowed for inventory depreciation reserve, short-term investment depreciation reserve, long-term investment impairment reserve, risk reserve fund (including investment risk reserve fund) and reserves in any form other than those that can be withdrawn according to national tax laws and regulations.
(3) The "commission difference" of the publishing industry belongs to the nature of reserve, and pre-tax deduction is not allowed.
Twelve. Reserves withdrawn by futures exchanges and futures brokerage institutions
The risk reserve and transaction loss reserve drawn by futures exchanges and futures brokerage institutions according to financial regulations cannot be used as the basis for pre-tax deduction of enterprise income tax. When declaring and paying income tax at the end of the year, futures exchanges and futures brokerage institutions shall, in accordance with the provisions of tax laws and regulations, transfer the balance of excess risk reserve and transaction loss reserve to the taxable income in the current period, and shall not carry it over to the subsequent tax years in the form of reserves.
Thirteen, grain liquor advertising fees
According to the Provisional Regulations of People's Republic of China (PRC) on Enterprise Income Tax and its detailed rules for implementation, all expenses incurred by taxpayers related to production and operation are allowed to be deducted when calculating taxable income. However, considering the production situation of grain liquor and the specific situation of advertising fees in China, the tax law stipulates that the advertising fees of grain liquor (including potato liquor) shall not be deducted before tax in order to strengthen the tax management of grain liquor, reasonably guide liquor consumption, ensure people's health and life safety, and effectively solve the problem of large grain consumption in liquor production in China. The deducted part shall be subject to tax adjustment when calculating and paying enterprise income tax.
(1) According to the Provisional Regulations on Enterprise Income Tax and its detailed rules for implementation, all incomes of an enterprise, including various funds (funds, surcharges) and expenses collected from the buyer, shall be merged into the total income of the enterprise except those items that are explicitly exempted from enterprise income tax by the State Council, Ministry of Finance and State Taxation Administration of The People's Republic of China, People's Republic of China (PRC), and enterprise income tax shall be levied according to law.
(2) All kinds of funds (funds and surcharges) and expenses paid by enterprises to state organs, institutions, social organizations or other units shall not be deducted before enterprise income tax, except for those explicitly allowed by People's Republic of China (PRC) the State Council, Ministry of Finance and State Taxation Administration of The People's Republic of China.
(3) According to the above principles, the specific provisions are as follows:
1. All kinds of internal and external funds (funds, surcharges and fees) collected and paid by enterprises belong to the State Council or the Ministry of Finance, and are included in the financial accounts of budgetary or extra-budgetary funds at the same level according to regulations. If two lines of revenue and expenditure are managed, enterprise income tax is not levied, and enterprises are allowed to make pre-tax deduction when calculating and paying enterprise income tax;
2. The expenses collected and paid by enterprises belong to the approval of the State Council or the Ministry of Finance in conjunction with relevant departments and provincial people's governments, and are included in the financial accounts of the fiscal budget or extra-budgetary funds at the same level according to regulations, and the management of "two lines of revenue and expenditure" is implemented, and enterprise income tax is not levied, allowing enterprises to make pre-tax deductions when calculating and paying enterprise income tax;
3. In addition to the above provisions, other funds (funds and surcharges) and expenses inside and outside the price shall not be deducted before tax, and enterprise income tax must be levied according to law.
(IV) Enterprises shall provide the documents approved by the State Council or the Ministry of Finance in conjunction with the relevant departments and the provincial people's government when implementing the policy provisions in accordance with the document Caishuizi [1997] No.22, and incorporate them into the financial accounts of the budgetary or extra-budgetary funds at the same level, and implement the specific provisions on the management of "two lines of revenue and expenditure". Otherwise, it shall not be deducted before tax when reporting and paying enterprise income tax, and the collecting unit shall not be exempted from enterprise income tax.
Fourteen, the establishment of housing fund and housing turnover fund system of enterprises sold to employees housing losses.
In order to raise funds for employees to purchase houses, enterprises have accounted for housing depreciation, housing rental income, housing funds allocated by higher authorities and related interest as housing funds and housing working capital respectively according to the relevant provisions of the state. If they are not included in the taxable income, according to the principle of income-expense ratio and correlation, the losses incurred in selling houses shall not be deducted before reporting and paying enterprise income tax.
After the abolition of the housing provident fund and housing working capital system, the income from the sale of housing by enterprises (including the sale of housing use rights and all or part of property rights) should be deducted from the difference between the required part of housing, the maintenance fund of public facilities, the net book value of housing and related cleaning expenses, and be incorporated into the taxable income of enterprises as the income or loss from property transfer.
For employees who own part of property rights, the income from selling and renting houses shall be distributed according to the proportion of property rights owned by enterprises and employees after paying the transfer fee for land use rights and paying relevant taxes and fees according to regulations. The income from the sale and lease of enterprises, as well as the price and income equivalent to land transfer fees received by employees after selling houses again, should be included in the total income of enterprises, and enterprise income tax should be calculated and paid according to law.
If an enterprise sells housing to its employees before the people's governments of provinces, autonomous regions and municipalities directly under the Central Government stop distributing housing in kind, it shall collect the housing price according to the housing reform price stipulated by the state, and the property transfer losses caused by the actual selling price being lower than the housing reform price approved by the state shall not be deducted before income tax.
Enterprises that have received a one-time replacement housing subsidy in accordance with the regulations, old employees who have no housing and whose housing has not reached the specified area, and new employees who have joined the work after stopping the physical distribution of housing, the loss of housing sold below the cost price shall not be deducted before the enterprise income tax.
Fifteen, has been sold or leased housing depreciation and maintenance costs.
The housing that the enterprise has sold to the employees shall not be deducted from the housing depreciation and maintenance expenses from the date when the employees obtain the property right certificate or stop paying the rent.
Sixteen, the housing provident fund exceeds the taxable wage standard.
Housing provident fund paid by enterprises for employees according to the unified provisions of the state, housing subsidies, housing rent subsidies and housing difficulties subsidies issued according to the methods approved by the provincial people's government can be deducted according to the facts before tax, and will not be included in the wages and salaries of enterprises for the time being; The part of the enterprise's wages and salaries that exceeds the taxable wage standard shall not be deducted before tax.
17. Rebate to the buyer
Expenses incurred by taxpayers in selling goods to buyers shall not be charged before income tax.
Eighteen, bribery and other illegal expenses
Bribery and other illegal expenses shall not be deducted before tax.
Nineteen, more than or higher than the statutory scope and standards of part of the cost.
Tax laws and regulations have specific deduction scope and standards (proportion or amount), and the actual expenditure exceeds or exceeds the legal scope and standards.
Twenty, the handling fee shall be refunded by the financial enterprise.
If the handling fee returned by the financial enterprise to the guest room is collected by discount (discount), the amount actually collected after discount (discount) can be included in the taxable income. Business expenses collected from customers and returned to customers shall not be deducted before enterprise income tax.
Twenty-one, advertising company group manuscript fees, publicity fees.
According to the tax law, advertising companies pay group membership fees and advertising fees according to a certain proportion of advertising revenue, which is a rebate and cannot be deducted before enterprise income tax.
Twenty-two, the lease fee shall be paid by the enterprise lessee.
All or part of the enterprise is leased by individuals, other enterprises and units, but the name of the leased enterprise has not changed, and the industrial and commercial registration has not changed, and it still engages in production and business activities in the name of the leased enterprise. No matter how the leasing enterprise and the lessee distribute the operating results, the leasing enterprise is the taxpayer of enterprise income tax, and all its income is subject to enterprise income tax.
All or part of the enterprise is leased to individuals, other enterprises and units, and the lessee re-applies for industrial and commercial registration and engages in production and business activities in the name of the lessee. The income from its lease operation shall be calculated and paid by the enterprises and units that have re-registered for industry and commerce as enterprise income tax payers.
All enterprises are leased by another industry and unit, and the industrial and commercial registration will be re-applied after the lease. Enterprises that re-apply for industrial and commercial registration do not belong to newly-established enterprises and may not enjoy the tax reduction or exemption policy for newly-established enterprises.