Choose The Most Suitable Tax Plan For Corporate Income Tax

The current enterprise income tax law has consolidated the income tax rate of domestic and foreign enterprises to 25%, 8 percentage points lower than the original provisional regulations.

In addition, the preferential tax rates for the two files are 15% and 20% respectively.

Therefore, enterprises can choose the most suitable enterprise income tax planning plan according to their own circumstances.

1. small and low profit enterprises apply 20% tax rate.

Enterprises that are engaged in the state's non restrictive and prohibited industries and meet the following conditions: industrial enterprises, the annual taxable income shall not exceed 300 thousand yuan, the number of employees shall not exceed 100, and the total assets shall not exceed 30 million yuan; other enterprises, the annual taxable income shall not exceed 300 thousand yuan, and the number of employed persons shall not exceed 80, and the total assets shall not exceed 10 million yuan.

Therefore, small businesses can consider adjusting the number of employees, total assets and annual taxable income, so that they meet the requirements of small profit enterprises, thus applying 20% low tax rates.

The high and new technology enterprises that need to be supported by the state mainly refer to enterprises that possess core independent intellectual property rights and meet the following requirements: products (services) fall within the scope stipulated in the "high and new technology field supported by the state"; the proportion of research and development expenses in sales revenue is no less than the prescribed proportion; the proportion of high-tech products (services) in total income of enterprises is no less than the prescribed proportion; the proportion of scientific and technological personnel in the total number of employees is no less than the prescribed proportion; other conditions stipulated in the management measures of high and new technology enterprises are determined.

Accordingly, high and new technology enterprises can consider adjusting the scope of products (services), increasing the proportion of research and development expenses to sales revenue, the proportion of high-tech products (services) in the total income of enterprises and the proportion of scientific and technological personnel in the total number of employees, making it a high-tech enterprise supported by the state, thus applying a low tax rate of 15%.

3. enterprises in ethnic autonomous areas

The parts of the enterprise income tax that the enterprises of the national autonomous areas should share in the local income may be decided by the organs of self-government of the national autonomous areas to reduce or exempt them.

Therefore, enterprises in ethnic autonomous areas should actively strive for the support of organs of self-government in ethnic autonomous areas so as to enjoy preferential treatment for reducing or exempting income tax.