1. Definition: Corporate income tax refers to an income tax levied on enterprises (resident enterprises and non-resident enterprises) and other income-earning organizations within the territory of the People's Republic of China on their production and operation income.

As a corporate income tax taxpayer, you should pay corporate income tax in accordance with the "Enterprise Income Tax Law of the People's Republic of China".

However, sole proprietorships and partnerships are excluded.

2. Taxpayers: 1. All domestic-funded enterprises or other organizations within the territory of the People's Republic of China and the People's Republic of China that implement independent economic accounting, including the following six categories: state-owned enterprises, collective enterprises, private enterprises, joint ventures, joint-stock enterprises, and state-owned enterprises.

Other organizations producing business operations and other income.

2. This law does not apply to sole proprietorships and partnerships. These two types of enterprises can only collect personal income tax to avoid double taxation.

3. Tax preferences: Tax preferences stipulated in the tax law include tax exemptions, tax reductions, super deductions, accelerated depreciation, income deductions, tax credits, etc.

1. Direct exemption: 1) Exemption: 1. Planting of vegetables, grains, oils, beans, fruits, etc.; 2. Breeding of new crop varieties; 3. Planting of Chinese medicinal materials; 4. Planting of forest trees; ⒌ Raising livestock and poultry;

⒍Forest product collection; ⒎Irrigation, agricultural product processing, agricultural machinery operation and maintenance; ⒏Ocean fishing; ⒐Company + farmer management.

The applicable scope of the halved tax reduction is: 1. The cultivation of flowers, tea and beverage crops, and spice crops; 2. Marine aquaculture and inland aquaculture.

2. Regular exemptions of 2 and 3 halving (starting from the tax year in which the first production and operation income is obtained) are applicable to: 1. High-tech enterprises supported by special economic zones and Shanghai Pudong New Area; 2. New domestic software enterprises (profit-making)

; ⒊Integrated circuit companies that are less than 0.8 microns.

3 exemption and 3 half reduction (from the tax year in which the first production and operation income is obtained) Scope of application: 1. Public infrastructure projects supported by the state; 2. Qualifying environmental protection, energy and water conservation projects; 3. Energy-saving services

The company implements contract energy management projects.

3. Scope of application of low tax rate of 20%: small low-profit enterprises: 1. 3130 (that is, assets do not exceed 3000; number of people does not exceed 100; income does not exceed 30) 2. Scope of application of 183015%: ⒈ high-tech enterprises supported by the state; ⒉

Invest 8 billion, 0.25μm circuit enterprises; ⒊Encourage industrial enterprises for western development.

10% applicable scope: 1. Discount for non-resident enterprises; 2. Key software enterprises within the national layout.

4. The applicable scope of super deduction is 50% after actual deduction: 1. Research and development expenses; 2. Intangible assets formed are amortized at 150% of cost.

Scope of application of 100% super deduction after actual deduction: wages paid by enterprises to place disabled persons V. Investment tax deduction 70% of the investment amount can be deducted from the income invested in small and medium-sized high-tech venture capital enterprises for more than 2 years (the equity holdings are full

2 years) 10% of the investment amount will be tax deductible for special equipment purchased and actually used for environmental protection, energy saving, water saving, production safety, etc. 6. Scope of application of reduced income: ⒈ 90% of the reduced income shall be included in income; ⒉ Small loans for farmers

Interest income; ⒊ Premium income from insurance business for planting and breeding industries; Scope of application: ⒈ Income from products that comprehensively utilize resources; ⒉ Income is taxed at a reduced rate of 50%; 3. Taxable income is less than 30,000 yuan

Small and low-profit enterprises; 7. Accelerate depreciation and shorten the depreciation period (not less than 60% of the specified depreciation period) Scope of application: 1. Fixed assets with rapid product replacement due to technological progress; 2. Fixed assets that are subject to strong vibration and high corrosion all year round

fixed assets.