Announcement from the Ministry of Finance and the State Administration of Taxation: 100% additional deduction of R&D expenses before tax for manufacturing enterprises

In order to encourage enterprises to increase R&D investment and support technological innovation, the Ministry of Finance and the State Administration of Taxation have recently issued the "Announcement on Further Improving the Policy for the Pre-tax Deduction of R&D Expenses.

In order to encourage enterprises to increase R&D investment and support technological innovation, the Ministry of Finance and the State Administration of Taxation have recently issued the "Announcement on Further Improving the Policy for the Pre-tax Deduction of R&D Expenses.

"Notice" that the company paid in advance to declare the year in the third quarter ( quarterly prepayment ) or 9 Yuefen ( monthly prepayment ) when the corporate income tax, you can choose to enjoy the first half of the year R & D costs an additional deduction of incentives, to take " Self-discrimination, declaration of enjoyment, and retention of relevant materials for future reference " .
When an enterprise applies for the third quarter or September prepayment declaration, if it does not choose to enjoy the preferential policy of R&D expenses plus deduction, it can enjoy uniformly when processing the final settlement in the following year.
Bulletin from 2021 Nian 1 Yue 1 execution date.