Asset losses are directly included in the current year's profit and loss, and the amount of asset losses of corresponding items included in the current year's profit and loss by taxpayers' accounting is reported, excluding the amount of asset losses written off through reserve items in the current year. The write-off amount of asset loss reserve reflects the amount of asset loss written off by taxpayers through reserve items this year.

Second, analyze the details

Assets refer to assets owned or controlled by enterprises for business management activities, including monetary assets such as cash, bank deposits, receivables and prepayments, and non-monetary assets such as inventory, fixed assets, intangible assets, projects under construction, productive biological assets, debt investment and equity investment. Asset loss refers to all kinds of property losses that have occurred before the base date, potential operating losses and capital losses in previous years, etc. , has been verified by enterprise assets verification. All kinds of asset losses confirmed in the enterprise's assets verification shall be verified and identified according to the relevant accounting subjects, including monetary fund losses, bad debts losses, inventory losses, deferred expenses losses, investment losses, fixed assets losses, projects under construction and engineering materials losses, intangible assets losses and other assets losses.

3. What are the provisions for pre-tax deduction of asset losses?

According to the tax administration measures, the actual asset losses of enterprises are divided into two categories: asset losses deducted by self-calculation and asset losses that can only be deducted after approval by tax authorities. At the same time, the scope of asset losses accrued and deducted by enterprises themselves is listed in a positive way, including the following six aspects:

1. Loss of assets caused by the sale, transfer and sale of fixed assets, productive biological assets and inventory in the normal operation and management activities of the enterprise;

2, the normal loss of enterprise inventory;

(three) the normal scrapping and cleaning losses of the fixed assets of the enterprise that have reached or exceeded the service life;

4, the enterprise productive biological assets reached or exceeded the service life and the normal death of asset losses;

5. Losses incurred by enterprises in buying and selling bonds, stocks, funds and their financial derivatives through stock exchanges and inter-bank markets in accordance with relevant regulations;

6. Loss of other assets confirmed by State Taxation Administration of The People's Republic of China without the approval of the tax authorities.