It should be deductible.
Caishui [2008] No. 151 Notice of the Ministry of Finance and the State Administration of Taxation on Corporate Income Tax Policy Issues Concerning Administrative Charges from Fiscal Funds and Government Funds 2. Regarding Government Funds and Administrative Charges (1) Enterprises pay in accordance with regulations shall be paid by
Government funds established with the approval of the State Council or the Ministry of Finance and administrative fees established with the approval of the State Council, the people's governments of provinces, autonomous regions, and municipalities directly under the Central Government and their finance and pricing departments are allowed to be deducted when calculating taxable income.
Funds and fees paid by enterprises that are not established in compliance with the above-mentioned approval management authority shall not be deducted when calculating taxable income.
What does dividend distribution mean?