What are the items for increases, decreases and decreases in corporate income tax?

Taxpayers can learn about matters related to the increase or decrease of corporate income tax by consulting the "Enterprise Income Tax Law of the People's Republic of China" and the "Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China" and other relevant laws and regulations.

Among them, the part where the employee welfare expenditure incurred by the enterprise exceeds 14% of the total wages and salaries, the part of the labor union funds allocated by the enterprise exceeds 2% of the total wages and salaries, and the business entertainment expenses incurred by the enterprise related to production and operation activities shall be calculated according to the occurrence rate.

60% of the amount will be deducted, but the portion exceeding 5‰ of the current year’s sales (operating) income and other matters shall be adjusted upward.

At the same time, unreasonable wage and salary expenditures should also be increased.

Adjustments and reductions generally include non-taxable income stipulated by law, as well as tax exemption and reduction items, etc. The non-taxable income includes fiscal appropriations; administrative fees and government funds collected in accordance with the law and included in financial management; the State Council

Other prescribed non-taxable income, etc.