First, all kinds of financial funds obtained by enterprises should be included in the total income of the enterprise in the current year, except those that belong to state investment and need to return the principal after the use of funds; (No financial discount is required to return the principal)

Second, the financial funds obtained by enterprises for special purposes as stipulated by the competent departments of finance and taxation in the State Council and approved by the State Council are allowed to be used as non-taxable income and deducted from the total income when calculating the taxable income; (It's hard to say it has a special purpose, but it's approved by the State Council)

Caishui [2009] No.87

The provision that fiscal funds are not taxed only applies to the period from June 5438+1 October1June 5438+00, 2008, and the sources of acquisition are the financial departments and other departments of the people's governments at or above the county level. In addition, the following conditions must be met at the same time: first, the enterprise can provide funds transfer documents, which stipulate the special use of funds. Second, the financial department or other government departments that allocate funds have special fund management measures or specific management requirements for funds; Third, enterprises separately account for funds and expenditures incurred with funds.

Note: Non-taxable income is used for tax treatment of expenses or assets formed by expenses. According to the provisions of Article 28 of the Implementing Regulations, the expenses used for the above-mentioned non-taxable income shall not be deducted when calculating the taxable income; Depreciation and amortization of assets used for expenses shall not be deducted when calculating taxable income.

Actually:

1. What is the standard for enterprises to separately account for this fund and the expenses incurred with this fund? If there is capitalized interest in the accounting of construction in progress, is it accounted separately? (Financial discount is a subsidy for enterprise loan interest)

2. To take a step back, even if the income is not taxed, ordinary enterprises, as deferred income, will turn to non-operating income as the challenge of depreciation in the future. So accounting and tax treatment are finally consistent.

It is unreasonable for the Ministry of Finance to write down the projects under construction, which cannot truly reflect the asset value. Enterprises should adopt government subsidies.