Circular of the Ministry of Finance and the State Administration of Taxation on the Policies on Pre-tax Deduction of Public Welfare and Relief Donations and Relevant Management Issues
Circular of the Ministry of Finance and the State Administration of Taxation on the Policies on Pre-tax Deduction of Public Welfare and Relief Donations and Relevant Management Issues
Circular of the Ministry of Finance and the State Administration of Taxation on the Policies on Pre-tax Deduction of Public Welfare and Relief Donations and Relevant Management Issues
Cai Shui [2007] No. 6
January 18, 2007
Finance departments (bureaus), municipal offices of the State Administration of Taxation, and local tax bureaus in various provinces, autonomous regions, municipalities directly under the central government and cities specifically designated in the state plan, and the Finance Bureau of Xinjiang Production and Construction Corps:
In order to promote the development of the public welfare of the community, the policies on the pre-tax deduction of public welfare and relief donations and relevant management issues are specified as follows:
I. In accordance with the Administrative Regulations on Registration of Social Organizations (Order of the State Council No.250) and the Regulations on Administration of Foundations (Order of the State Council No.400), where non-profit public welfare social organisations and foundations are established with the approval of the civil affairs department and comply with the conditions of the relevant provisions, taxpayers may, upon the confirmation of finance and tax authorities, deduct public welfare and relief donations from income when they calculate payable enterprise and individual income tax in accordance with the existing taxation laws and rules and the relevant policies.
For non-profit public welfare social organisations and foundations established with the approval of the civil affairs department under the State Council, the eligibility of pre-tax deductions of donation shall be confirmed by the Ministry of Finance and the State Administration of Taxation; for non-profit public welfare social organisations and foundations established with the approval of the civil affairs department of the provincial people's government, the qualification of pre-tax deductions of donation shall be confirmed by provincial finance and tax authorities, and shall be reported to the Ministry of Finance and the State Administration of Taxation for the record.
National organs receiving public welfare and relief donations refer to the people's governments at county level or above and their departments.
II.
......
Cai Shui [2007] No. 6
January 18, 2007
Finance departments (bureaus), municipal offices of the State Administration of Taxation, and local tax bureaus in various provinces, autonomous regions, municipalities directly under the central government and cities specifically designated in the state plan, and the Finance Bureau of Xinjiang Production and Construction Corps:
In order to promote the development of the public welfare of the community, the policies on the pre-tax deduction of public welfare and relief donations and relevant management issues are specified as follows:
I. In accordance with the Administrative Regulations on Registration of Social Organizations (Order of the State Council No.250) and the Regulations on Administration of Foundations (Order of the State Council No.400), where non-profit public welfare social organisations and foundations are established with the approval of the civil affairs department and comply with the conditions of the relevant provisions, taxpayers may, upon the confirmation of finance and tax authorities, deduct public welfare and relief donations from income when they calculate payable enterprise and individual income tax in accordance with the existing taxation laws and rules and the relevant policies.
For non-profit public welfare social organisations and foundations established with the approval of the civil affairs department under the State Council, the eligibility of pre-tax deductions of donation shall be confirmed by the Ministry of Finance and the State Administration of Taxation; for non-profit public welfare social organisations and foundations established with the approval of the civil affairs department of the provincial people's government, the qualification of pre-tax deductions of donation shall be confirmed by provincial finance and tax authorities, and shall be reported to the Ministry of Finance and the State Administration of Taxation for the record.
National organs receiving public welfare and relief donations refer to the people's governments at county level or above and their departments.
II.
......