Correct

Government funds paid by enterprises in accordance with regulations and approved by the State Council or the Ministry of Finance, and administrative fees approved by the people's governments of the State Council and provinces, autonomous regions and municipalities directly under the Central Government and their financial and price departments are allowed to be deducted when calculating taxable income. Funds and fees paid by enterprises that do not meet the above-mentioned examination and approval authority shall not be deducted when calculating taxable income.