Deduction standard: The part of the public welfare donation expenditure incurred by the enterprise within 12% of the total annual profit is allowed to be deducted when calculating the taxable income; the part exceeding 12% of the total annual profit is allowed to be carried forward within the next three years to calculate the taxable income.

Deducted from income.

The total annual profit refers to the annual accounting profit calculated by the enterprise in accordance with the provisions of the national unified accounting system.

Public welfare donations are public welfare and relief donations, hereinafter referred to as public welfare donations, which refer to donations made by taxpayers through non-profit social groups and state agencies in China to education, civil affairs and other public welfare undertakings, as well as to areas hit by natural disasters and poverty-stricken areas.

Public welfare social groups refer to foundations, charitable organizations and other social groups that meet the following conditions: (1) registered in accordance with the law and have legal person status; (2) aiming to develop public welfare undertakings and not for profit; (3)

) All assets and their appreciation are owned by the legal person; (4) Income and operating balances are mainly used for businesses that comply with the purpose of the legal person's establishment; (5) The remaining property after termination does not belong to any individual or profit-making organization; (6) It does not operate

Businesses that have nothing to do with the purpose of their establishment; (7) There is a sound financial accounting system; (8) Donors do not participate in the distribution of social group property in any form; (9) The financial and tax authorities of the State Council, together with the civil affairs department of the State Council and other registration management departments

Other conditions specified.

What are the two major conditions for pre-tax deduction of expenses? (1) The two major conditions for pre-tax deduction of expenses. The provisions of the Enterprise Income Tax Law: "The actual and reasonable expenditures incurred by the enterprise related to the acquisition of income, including costs, expenses, taxes, losses

and other expenditures are allowed to be deducted when calculating taxable income. "Article 27 of the Implementation Regulations of the New Enterprise Income Tax Law stipulates: "Relevant expenditures as mentioned in Article 8 of the Enterprise Income Tax Law refer to expenditures directly related to the acquisition of income.

"Reasonable expenditures" refer to necessary and normal expenditures that comply with the routine of production and operation activities and should be included in the current profits and losses or the cost of relevant assets. "Expenses must meet two major conditions to be deducted before tax: First, they must be incurred.

Expenses are related to the production and operation of the enterprise and are mainly defined through contracts, agreements and various internal systems of the enterprise; secondly, there must be legal certificates.

Legal and valid vouchers are divided into four categories: first, tax invoices; second, financial receipts; third, overseas receipts; and fourth, self-made vouchers.

Each type of certificate has its own scope of use and cannot be mixed with each other.

(2) Conditions that cost invoices deducted before tax should meet: 1. Unification of the three streams of capital flow, logistics and invoice flow: the payee, payee and amount on the bank receipt and payment voucher, transaction contract and invoice must be consistent; 2.

There must be real transactions; 3. In line with relevant national policies and regulations, the legal basis is Article 9 of the "Enterprise Income Tax Law of the People's Republic of China". Public welfare donation expenditures incurred by enterprises within 12% of the total annual profit are allowed.

It is deducted when calculating taxable income; the portion exceeding 12% of the total annual profit is allowed to be carried forward and deducted when calculating taxable income within the next three years.