Do I have to pay taxes on the government subsidies I receive?

The financial subsidies obtained by enterprises need to be taxed.

According to the relevant provisions of the Enterprise Income Tax Law of People's Republic of China (PRC) and the Regulations for the Implementation of the Enterprise Income Tax Law of People's Republic of China (PRC) (the State Council Order No.512, hereinafter referred to as the Implementation Regulations), with the approval of the State Council, we hereby notify you of the enterprise income tax treatment for enterprises to obtain special financial funds as follows:

First, the financial funds obtained by enterprises from the financial departments and other departments of the people's governments at or above the county level that should be included in the total income can be regarded as non-taxable income and deducted from the total income when calculating the taxable income;

1. The enterprise can provide funds disbursement documents with clear use of funds;

2. The financial department or other government departments that allocate funds have special fund management measures or specific management requirements for funds;

3. Enterprises shall separately account for funds and expenditures incurred by funds.

2. According to the provisions of Article 28 of the Implementing Regulations, the expenses incurred by the above-mentioned non-taxable income for expenditure shall not be deducted when calculating the taxable income; Depreciation and amortization of assets used for expenditure shall not be deducted when calculating taxable income.

What income of an enterprise belongs to non-taxable income?

According to Article 7 of the Enterprise Income Tax Law of People's Republic of China (PRC), the following income from the total income is non-taxable income:

(1) financial allocation;

(2) Administrative fees and government funds collected according to law and incorporated into financial management;

(3) Other non-taxable income as stipulated by the State Council.

Article 8 Reasonable expenses actually incurred by an enterprise, including costs, expenses, taxes, losses and other expenses, are allowed to be deducted when calculating taxable income.

Article 9 If the public welfare donation expenditure incurred by an enterprise is less than 65,438+02% of the total annual profit, it may be deducted when calculating the taxable income.

Article 10 When calculating taxable income, the following expenses shall not be deducted: (1) dividends, bonuses and other equity investment income paid to investors;

(2) enterprise income tax;

(3) tax late fees;

(four) fines, fines and confiscation of property losses;