The head office and the branch company as a whole belong to the same enterprise, and their enterprise income tax shall be paid in accordance with the national tax laws and regulations. Enterprise income tax is a tax on which domestic enterprises, teams or other economic organizations calculate the tax payable at the prescribed tax rate after deducting costs, expenses, losses and taxable income from their domestic income. Below, we will introduce the payment methods of corporate income tax for the head office and branch respectively.
1. How to pay the enterprise income tax of the head office.
1.Calculation and payment: The head office shall calculate the taxable income in accordance with the provisions of the Income Tax Law and the relevant provisions of the national tax authorities, and pay taxes in accordance with the provisions of the tax law. Normally, the head office can pay the premiums on an annual or quarterly basis.
2.Relevant documents: The head office shall submit the enterprise income tax return and income tax final settlement return to the tax authorities in accordance with the regulations, and shall also provide relevant financial and accounting statements, vouchers and other relevant supporting documents.
3.Pre-tax deduction: The enterprise income tax shall be deducted from various expenses and costs when calculating the taxable income in accordance with the provisions of the Income Tax Law, so as to reduce the tax burden of the enterprise.
2. How to pay the enterprise income tax of the branch.
1.Separate accounting: According to the provisions of the tax law, the branch shall independently calculate its own financial accounting and tax declaration in order to calculate the enterprise income tax separately from the head office.
2.Coordination and joint declaration: The income tax declaration and payment of the branch company shall be coordinated and assisted by the head office, and the taxable income shall be calculated and paid according to the tax regulations and the provisions of the state tax authorities with reference to the total income of the head office. However, it should be noted that in accordance with the provisions of independent taxation, the branch office cannot double calculate the pre-tax deduction scale with the head office when calculating the enterprise income tax.
3.Provide financial accounting statements: The branch shall provide the tax authorities with the financial accounting statements and other relevant documents for its own accounting, and compare them with the summary statements provided by the head office.
In short, the enterprise income tax of the head office and the branch should be calculated and paid in accordance with the tax laws and regulations to ensure the standardization and legality of the enterprise income tax declaration and appeal, and at the same time to avoid unnecessary tax disputes. All enterprises shall calculate a reasonable enterprise income tax in strict accordance with tax laws and regulations, and pay it in accordance with the regulations.
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