1. Taxpayers' donations for public welfare relief through China Education Development Foundation are allowed to be fully deducted before paying corporate income tax and personal income tax.
2. Taxpayers' charitable donations made through China Foundation for the Development of Aging, China Chinese Education Foundation, China Green Foundation, China Women's Development Foundation, China Care for the Next Generation Health Sports Foundation, China Biodiversity Protection Foundation, China Children and Teenagers Foundation and China Glory Foundation are allowed to be fully deducted before paying corporate income tax and personal income tax.
3. Taxpayers' donations for public welfare relief through China Medical and Health Development Foundation are allowed to be fully deducted before paying enterprise income tax and personal income tax.
4, for taxpayers through non-profit social organizations and state organs for AIDS prevention and treatment of public welfare aid donations, enterprises in the annual corporate income tax taxable income less than 3%, individuals in the declaration of personal income tax taxable income less than 30%, allowing pre-tax deduction.
5. For taxpayers to donate public welfare assistance through China Financial Education Development Foundation, China International Association for the Promotion of Cooperation with Non-governmental Organizations, China Social Workers Association Relief Fund Management Committee, China Development Research Foundation, Tan Kah Kee Science Award Foundation, China Friendship and Peace Development Foundation, China Literature Foundation, China Agricultural Science and Education Foundation, China Children's Culture and Art Foundation and China Public Security Heroes Foundation, The annual taxable income of enterprises is less than 3% and the taxable income of individuals is less than 30%, which is allowed to be deducted before calculating and paying enterprise income tax and personal income tax.
Legal basis:
Article 9 of the Enterprise Income Tax Law of People's Republic of China (PRC) stipulates that the portion of the public welfare donation expenses incurred by an enterprise within 12% of the total annual profit is allowed to be deducted when calculating the taxable income; The part exceeding the total annual profit 12% is allowed to be deducted when calculating the taxable income within three years after carry-over.
Derivative problem:
Can donations be tax deductible?
Some taxes and fees can be exempted.
According to the original enterprise income tax law, corporate donations can only be deducted in the current year according to the ratio of corporate profits 12%. If the enterprise exceeds 12%, deduction is no longer allowed. The revised enterprise income tax law allows more than 12% to be deducted before tax in the next three years, which is a preferential policy for deducting enterprise income tax from donations. If calculated according to the deduction of 4 million yuan, the enterprise income tax rate stipulated in the enterprise income tax law is 25%, and 4 million yuan multiplied by 25% can save 6.5438+0 million yuan. Before the enterprise income tax law was revised, only 12% was allowed to be deducted in that year, that is, only100000 yuan was deducted, and 300000 yuan was underpaid.