Tax-free income refers to the taxable income of an enterprise, but is exempt from corporate income tax in accordance with the provisions of the Enterprise Income Tax Law.

1. Interest income from treasury bonds Interest income from treasury bonds refers to the interest income earned by enterprises from holding treasury bonds issued by the financial department of the State Council.

2. Dividends, bonuses and other equity investment income between qualified resident enterprises Dividends, bonuses and other equity investment income between eligible resident enterprises refer to the investment income obtained by resident enterprises directly investing in other resident enterprises.

3. Non-resident enterprises that have established institutions or places in China obtain dividends, dividends and other equity investment income from resident enterprises that are actually connected with the institution or place, excluding continuously held resident enterprises.

Investment income obtained from publicly issued and listed stocks in less than 12 months.

4. Income of qualified non-profit organizations The corporate income tax-exempt income of qualified non-profit organizations specifically includes the following income: 1. Income from donations from other units or individuals; 2. Except as provided in Article 7 of the Corporate Income Tax Law

Other government subsidy income other than fiscal appropriations, but does not include income from government purchase of services; 3. Membership fees collected in accordance with the regulations of the civil affairs and finance departments at or above the provincial level; 4. Bank deposit interest generated from non-taxable income and tax-free income

Income; 5. Other income specified by the Ministry of Finance and the State Administration of Taxation.

Exam question? Multiple-choice question According to the provisions of the corporate income tax legal system, among the following incomes, there are ( ) that are not exempt from corporate income tax.

(2010 Intermediate Professional Title Examination Questions) A. Fiscal appropriations B. National debt interest C. Material and cash surplus D. Government funds collected in accordance with the law and included in financial management "Answer Analysis" According to regulations, financial appropriations are collected in accordance with the law and included in financial management

Administrative fees and government funds are non-taxable income, not tax-free income, so options A and D are selected; corporate asset surplus is other taxable income, not tax-free income, so option C is selected.