For example, our company’s total research and development expenditure in 2007 was 5 million, and the capitalized expenditure was 3 million. Intangible assets of 300 were recognized in December 2007, with 10 years of amortization. At the end of the year, the tax law According to the 150% super deduction tax credit, how to confirm the tax payable for the current period, and how to calculate and adjust the temporary differences formed?

According to Article 95 of the "Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China", according to the above provisions, it can be handled in two steps:

1. Unformed If intangible assets are included in current profits and losses, on the basis of actual deductions in accordance with regulations, an additional deduction of 50% of research and development expenses will be made.

Calculation: 200 + 100 = 3 million yuan

Accounting treatment: 2 million yuan is directly listed as current expenses

Tax treatment: during annual settlement Tax adjustments are made, and the taxable income is reduced by 1 million yuan.

2. If an intangible asset is formed, it will be amortized at 150% of the cost of the intangible asset.

Calculation: 30150=4.5 million yuan,

Monthly difference? 150÷10÷12=12,500 yuan

Accounting treatment: Intangible assets are calculated as 3 million yuan The original value is amortized over 10 years.

Tax treatment: Tax adjustments are made when reporting every month, and the taxable income is reduced by 12,500 yuan.

Principle: Bookkeeping processing shall be in accordance with the accounting system, and tax declaration shall be in accordance with tax laws. There is no need to adjust accounts for this processing.

Intangible Assets refer to identifiable non-monetary assets that have no physical form and are owned or controlled by an enterprise. Intangible assets can be divided into broad and narrow senses. Intangible assets in a broad sense include monetary funds, accounts receivable, financial assets, long-term equity investments, patent rights, trademark rights, etc., because they do not have physical entities, but are expressed as certain legal rights. or technology. However, in accounting, intangible assets are usually understood in a narrow sense, that is, patent rights, trademark rights, etc. are called intangible assets.

Article 8 of the "Notice of the State Administration of Taxation on Issuing the Notes on Business Tax Items (Trial Draft)" (Guo Shui Fa [1993] No. 149) stipulates that the transfer of intangible assets refers to the transfer of intangible assets. The act of ownership or right to use.

Intangible assets refer to assets that have no physical form but can bring economic benefits.

The scope of collection of this tax includes: transfer of land use rights, transfer of trademark rights, transfer of patent rights, transfer of non-patented technology, transfer of copyright, and transfer of goodwill.

(1) Transfer of land use rights refers to the transfer of land use rights by land users.

Business tax is not levied on the transfer of land use rights by land owners and the return of land use rights by land users to the land owners.

Land leasing is not taxed according to this tax item.

(2) Transferring trademark rights refers to the act of transferring the ownership or use rights of a trademark.

(3) Transfer of patent rights refers to the act of transferring ownership or use rights of patented technology.

(4) Transferring non-patented technology refers to the act of transferring the ownership or right to use non-patented technology.

The act of providing non-proprietary technology is not taxed according to this tax item.

(5) Transferring copyright refers to the act of transferring the ownership or right to use a work. Works include written works, graphic works (such as picture albums, photo albums), and audiovisual works (such as movie masters and video tape masters).

(6) Transfer of goodwill refers to the act of transferring the right to use goodwill.

According to the above provisions and combined with the situation described in the question, the power generation grid indicators held by the company do not fall within the scope of the above-mentioned intangible assets subject to business tax, and no business tax is required. At the same time, sales of goods and provision of taxable services are not subject to VAT and do not need to pay VAT.