Tax Planning Of Small And Micro Enterprises: Make Full Use Of Tax Preferential Policies

In order to support the development of small and micro enterprises, the state has successively issued a series of preferential tax policies that specifically support the development of small and micro enterprises and the main beneficiaries are small and micro enterprises. How to make full use of the preferential tax policies given by the state is an important subject for small and micro enterprises to study.

The tax preferential policies suitable for small and micro enterprises cover a wide range. The use of tax preferential policies for tax planning is in line with the national macro policy and legislative intent, with the lowest tax risk, and is the most important method of tax planning for small and micro enterprises.

Common preferential tax policies, for example, the income of small and micro enterprises engaged in agricultural, forestry, animal husbandry and fishery projects can be exempted or reduced from enterprise income tax in accordance with national regulations; The income of small and micro enterprises from technology transfer, technology development business and related technology consulting and technical services business shall be exempt from business tax; Before September 30, 2014, the income of small and micro enterprises engaged in domestic service from domestic service provided by employee based domestic service attendants is exempt from business tax.

At the same time, in the preferential policies, it is not difficult to find that the country favors international transport labor services and energy-saving service companies. Small and micro enterprises providing international transport services are exempt from business tax. For qualified energy-saving service companies implementing energy management contract projects, the taxable income of business tax is temporarily exempted from business tax.

Such as country State Administration of Taxation About corporate income tax Article 8 of the Announcement on Several Issues Concerning Tax Treatment of Taxable Income: According to the provisions of Article 21 of the Enterprise Income Tax Law, any expenditure that has been actually recognized in the financial accounting treatment of an enterprise in accordance with the provisions of the financial accounting system does not exceed the scope and standard of pre tax deduction stipulated in the Enterprise Income Tax Law and relevant tax laws and regulations, The expenses that can be recognized according to the actual accounting treatment of the enterprise shall be deducted before the enterprise income tax, and the taxable income shall be calculated.

In other words, according to the spirit of Announcement 15, Small and micro enterprises When calculating the taxable income, if the Accounting Standards for Small Enterprises is inconsistent with the provisions of tax laws and administrative regulations, it shall be calculated in accordance with the provisions of tax laws and administrative regulations.

If the expenditures recognized by small and micro enterprises in accordance with the requirements of the standards do not exceed the standards and scope specified in the tax law (such as the selection of depreciation years), in order to reduce the adjustment of differences between accounting and tax law and facilitate tax collection and management, small and micro enterprises can only recognize the expenditures in accordance with the accounting standards for small enterprises, and cannot make adjustments in tax treatment. According to this collection and management principle, small and micro enterprises should choose the highest expense deduction standard (such as the shortest depreciation period) allowed by the tax law when choosing accounting policies.