Whether income tax is payable on foundation bond income

The State Administration of Taxation's "Notice on the Taxable Income of Foundations" (Guo Shui Fa [1999] No. 24) stipulates that social welfare activities should be carried out For non-profit foundations, the income and other income derived from the purchase of stocks, bonds (except treasury bills) and other securities shall be included in the total income payable for corporate income tax, and corporate income tax shall be levied in accordance with regulations. It can be seen that the dividends of your unit , Bond interest shall be subject to corporate income tax.

Does an enterprise need to pay corporate income tax on the interest income obtained from investing in financial bonds?

The interest income obtained by an enterprise investing in financial bonds does not need to pay corporate income tax. Corporate income tax is temporarily not levied on the income derived by securities investment funds from the securities market, including price difference income from buying and selling stocks and bonds, dividends and bonus income from equity, interest income from bonds and other income.

For the time being, corporate income tax is not levied. Corporate income tax is temporarily not levied on the income obtained by investors from the distribution of securities investment funds. Corporate income tax is temporarily not levied on the price difference income of securities investment fund managers from using funds to buy and sell stocks and bonds. In the Corporate Income Tax Law, bond interest income is taxable. However, interest income from government bonds is tax-free income.

According to the "Notice of the Ministry of Finance and the State Administration of Taxation on Corporate Income Tax Policies for Interest Income from Railway Construction Bonds in 2014 and 2015" Caishui (2014) No. 2 Document: The interest income earned by enterprises from China Railway Construction Bonds issued in 2014 and 2015 will be levied at half the corporate income tax.

Does the income from foundation bonds pay income tax? Generally speaking, in fact, through the editor's teacher As explained above, I believe you all know that the income generated from corporate foundation bonds needs to be taxed in accordance with the law. There is also a lot of information here about the accounting entry processing of bond income. If you want to learn more related content, you may wish to come Try it here, I hope it will be helpful to your study.