The total annual profit refers to the annual accounting profit calculated by the enterprise in accordance with the unified national accounting system. "
According to the current regulations, the donation of an enterprise does not exceed 12% of the total annual profit, which can be deducted, and the donation unit or institution must be a qualified list published by People's Republic of China (PRC) State Taxation Administration of The People's Republic of China, Ministry of Finance and Ministry of Civil Affairs. For example, on 20 1 1, if enterprise A donates to Foundation B, and Foundation B is the qualified list published by State Taxation Administration of The People's Republic of China, Ministry of Finance and Ministry of Civil Affairs of People's Republic of China (PRC) on 20 1 1, then enterprise A may be allowed to deduct less than 12% of the total annual profit; For example, on 20 12, Enterprise A donated to Foundation B, but Foundation B is not the qualified list published by State Taxation Administration of The People's Republic of China, Ministry of Finance and Ministry of Civil Affairs in People's Republic of China (PRC) on 20 1 1, so all donations made by Enterprise A will not be deducted.
Two, for the full deduction of donations, except for a single provision, all others are allowed to be deducted according to the part that does not exceed the total annual profit 12%. In recent years, only Yushu and Zhoushan have been fully deducted.