Thirty-two changes 1. Taxable wages.

According to Caishui [2006] No. 126, starting from July 1, 2006, the taxable salary will be adjusted from the original 800 yuan (1,200 yuan in Northeast China) to 1,600 yuan, and the deduction standard for labor remuneration income will still be 800 yuan.

After the merger of the two laws, taxable wages were cancelled, forming a unified wage accounting method for domestic and foreign investors. Article 38 of the Implementation Regulations of the New Enterprise Income Tax Law stipulates that "the reasonable wages and salaries of employees actually incurred by the enterprise are allowed to be deducted before tax."

According to the current tax law, only foreign-invested enterprises, foreign enterprises and some high-tech enterprises can enjoy this policy. This provision expands the scope of full pre-tax deductions for wages. Of course, it mainly cancels the tax deduction for domestic-funded enterprises based on taxable wages.

The discriminatory provisions on front-end deductions at the same time avoid double taxation of the same nature of income on employees’ wages and salaries.

The implementation date is January 1, 2008.

2. Make up for losses.

It turns out that only the quarterly profits of foreign-funded enterprises can make up for previous annual losses.

Nowadays, quarterly profits of domestic-funded enterprises can also make up for previous annual losses, provided that the report issued by an intermediary agency or the audit conclusion of a tax audit is relied upon.

3. The first line of the "Corporate Income Tax Annual Tax Return" is "Sales (Business) Income". The old form is business income, and the new form includes main business income, other business income, and deemed sales income.

When calculating deemed sales revenue, the base is not included in the calculation of business entertainment expenses, advertising expenses and business promotion expenses, and the enterprise suffers a loss.

The new table (discussion draft) in 2008 has changed again, Professor Hou said.

4. Changes in the corporate income tax rate. If a company made quarterly profits in the past or a new company made a profit in the middle of the year, it will be converted into a full-year tax rate (18% for less than or equal to 30,000 yuan, 27% for less than or equal to 100,000 yuan and more than 30,000 yuan).

%, greater than 100,000 yuan is 33%).

Now it is enough to directly multiply the profit by the corresponding tax rate. There is no need to convert it into the annual profit to find the tax rate.

Guoshuifa [2006] No. 56.

Now after the merger of the two laws, the unified tax rate is 25%, and the care tax rate is 15% and 20% (for low-profit enterprises or high-tech enterprises). The two preferential tax rates stipulated in the implementation details are 15% and 20% respectively.

Among them, the enterprises that can apply for the 15% preferential tax rate are limited to high-tech enterprises that need key support from the state; there are two types of enterprises that can apply for the 20% preferential tax rate: one is small and low-profit enterprises that meet the conditions; the other is those that have no establishment in China.

A non-resident enterprise that has established an institution or place, or a non-resident enterprise that has established an institution or place but the income obtained has no actual connection with the institution or place where it is established.

In the concept described in Article 2, it can be seen that it is an adjustment to the withholding income tax in the old foreign-invested enterprise income tax law. In the past, the withholding income tax rate was 10%, but it has been increased in the new law.

Effective from January 1, 2008, don't be confused.

Small low-profit enterprises refer to: 1) Manufacturing, with annual taxable income not exceeding 300,000 yuan, number of employees not exceeding 100, and total assets not exceeding 30 million yuan; 2) Non-manufacturing enterprises, with annual taxable income not exceeding 300,000 yuan.

300,000 yuan, the number of employees shall not exceed 80, and the total assets shall not exceed 10 million yuan.

5. The calculation base for advertising expenses, business promotion expenses and business entertainment expenses used to be two, but now it is one, which is the first line of "Sales (Business) Income" in the "Annual Corporate Income Tax Return".

At the same time, the advertising fee for clothing manufacturers (since January 1, 2006) has been increased from 2% to 8%.

(Guo Shui Fa [2006] No. 107), the pharmaceutical industry is 25%.

(Guo Shui Fa [2005] No. 21) Advertising expenses, excess advertising expenses can be carried forward and deducted indefinitely to subsequent years.

Specifically: 1. Taking into account the necessary advertising expenditures of high-tech enterprises to promote new technologies, the advertising expenses of high-tech enterprises can be deducted before tax; 2. The advertising expenses of grain-based liquor production enterprises that do not belong to the national encouraged production projects shall not be included in the tax deduction.

3. The advertising expenses of general enterprises are deducted according to a certain proportion of the current year’s sales revenue (including 2%, 8%, and 25%). The excess portion can be carried forward to subsequent years for deduction.

Advertising fees and business promotion fees will be unified to 15% after the merger of the two laws.

Advertising expenses that exceed the proportion can be carried forward and deducted indefinitely to future years.

6. Education funding has been increased from 1.5% to 2.5%.

(Finance and Taxation [2006] No. 88).

Educational funds, labor union funds and welfare expenses are all based on taxable wages.

Union funds are deducted before tax based on the receipt of payment. If they are not handed over, they cannot be deducted before tax.

Educational funds must now be paid by enterprises before they can be disbursed before tax. Otherwise, tax increases will be required for those already accrued.

Welfare fees payable are not allowed to be accrued under the new financial general rules, and the 2008 tax law will be consistent with this.

The specific handling method is in the answer to question 23 of 35.

7. Investment income.

In the old return form, the investment income needs to be restored to pre-tax, and then the tax rate difference is found to make up for the tax.

The new return form does not need to be restored to pre-tax form, and can be filled in directly according to the rows in the tax return form.