What are the non-taxable incomes?

Legal analysis:

According to Chinese laws, non-taxable income mainly includes: financial allocation; Administrative fees and government funds collected according to law and incorporated into financial management; Other non-taxable income stipulated by the State Council.

Legal basis:

According to the old inspection law of People's Republic of China (PRC) on enterprise income tax.

Article 7 The following incomes in the total income are non-taxable income:

(1) financial allocation;

(2) Collecting administrative fees and government funds included in financial management in parallel according to law;

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

Article 6 The income in monetary form and non-monetary form obtained by an enterprise from various channels shall be the total income. Including:

(1) Revenue from the sale of commodities;

(2) Income from providing labor services;

(3) Income from property transfer;

(four) dividends, bonuses and other equity investment documents including capital gains;

(5) Interest income;