Debit: non-operating expenditure loan: bank deposit

Public welfare donation refers to public welfare and relief donation (hereinafter referred to as public welfare donation), which refers to taxpayers' donations to education, civil affairs and other public welfare undertakings and areas suffering from natural disasters and poverty-stricken areas through non-profit social organizations and state organs in China.

What are the conditions for deduction?

First of all, legal documents must be obtained, including official donation receipts issued by legal charities such as the Civil Affairs Bureau and the Red Cross.

Secondly, according to the new enterprise income tax law, the deduction ratio of public welfare donations is 0.2% of the total annual profit of 65438+.

In addition, I believe that there will be some deduction regulations for donations in Sichuan disaster areas in the near future, which may be deducted in full, so don't worry.

As far as tax law is concerned:

Paragraph 2 of Article 6 of the Provisional Regulations on Enterprise Income Tax stipulates that the part of the taxpayer's donation for public welfare and relief that is less than 3% of the annual taxable income is allowed to be deducted before tax. Article 12 of the Detailed Rules for the Implementation of the Provisional Regulations on Enterprise Income Tax points out that public welfare and relief donations refer to donations provided by taxpayers to public welfare undertakings such as education and civil affairs and disaster-stricken and poverty-stricken areas through non-profit social organizations and state organs in China.

In particular, it is pointed out that the taxpayer's donation directly to the donee shall not be deducted before tax. The second paragraph of this article explains that "social organizations" refer to non-profit public welfare organizations established with the approval of civil affairs departments, such as Youth Development Foundation, Hope Project Foundation and Soong Ching Ling Foundation. In addition, there are some organizations such as China Literature and Art Foundation, chinese young volunteers association, Friends of China Research Foundation, etc. Stipulated by People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China.

How should the charity association's money be accounted for and arranged for the accounting school? When we study, we should not rely too much on our own experience. Only by constantly and deeply understanding the existence principle behind this knowledge can we go further.