Not

Public welfare donations can only be used to offset the taxable income of enterprise income tax.

According to Article 9 of the new Enterprise Income Tax Law:

The portion of public welfare donations that is less than 12% of this year's profit is allowed to be deducted when calculating the taxable income.

in other words, those within this ratio can be deducted as expenses.

by donating to the following social groups, You can enjoy full pre-tax deduction:

1. China Red Cross (see Note)

2. China Health Express Foundation

3. Sun Yefang Economic Science Foundation

4. china charity federation

5. China Legal Aid Foundation

6. China Courageous Foundation

7. Soong Ching Ling Foundation

8. Coal Mine Pneumoconiosis Treatment Foundation

12. China Environmental Protection Foundation

13. China Medical and Health Development Foundation

14. China Education Development Foundation

15. China Aging Development Foundation

16. China Chinese Education Foundation

17. china green foundation

18. China Women Development Foundation.