Core Viewpoint - The article discusses the recent announcement by the State Taxation Administration regarding the optimization of corporate income tax prepayment declaration, highlighting changes in the tax allocation calculation method for consolidated tax reporting among branches and the updates to the relevant forms [1][2]. Summary by Sections Changes in Tax Allocation Calculation Method - The new method for tax allocation calculation has been extended from the final settlement phase to the prepayment phase, allowing enterprises to allocate the taxable income up to the current month or quarter before deducting the pre-paid tax amounts from the total and branch institutions [2][3]. Data Item Optimization - Several data items in the tax declaration forms have been optimized, including the renaming of fields and the introduction of new items to better reflect the actual tax obligations and allocations among the main and branch institutions [3][4]. Form Name Changes - The name of the form has been updated from "Corporate Income Tax Consolidated Tax Allocation Table for Branches" to "Corporate Income Tax Consolidated Tax Allocation Table" to align with the new calculation methods and data items [4][5]. Example of Tax Allocation Calculation - An example is provided illustrating how a company with multiple branches calculates its tax obligations and allocations based on different distribution ratios across quarters, demonstrating the practical application of the new rules [5][6].

Group 1 - The article discusses the classification and reporting requirements for different types of export income, specifically self-operated export income, entrusted export income, and export agency fee income [4][5][6] - Companies engaged in export agency business must accurately report the information of the principal and include export agency fee income in their operating revenue [4][5][6] - A summary table for entrusted export situations must be submitted, detailing the actual principal's information and export amounts, especially when multiple customs export declaration numbers are involved [4][5][6] Group 2 - An example is provided where Company C acts as an export agent for Company D, which in turn is acting on behalf of Company E, the actual producer and seller [5][6][7] - Company C is responsible for reporting the actual principal, Company E, and must include the relevant export amounts in their tax filings [7][9] - The article emphasizes the importance of accurate reporting to avoid misclassification of export amounts and potential tax liabilities [4][5][6]

Core Points - The article discusses the new regulations and changes in the corporate income tax prepayment declaration process, effective from October 1, 2025, as announced by the State Taxation Administration [11][12][17]. Group 1: Tax Prepayment Declaration Changes - The announcement revises the corporate income tax prepayment declaration form, clarifying the tax obligations of export enterprises and the responsibilities of agents involved in export activities [11][13]. - Export enterprises must report their income from exported goods and provide detailed information about their export revenue [13][14]. - The new regulations require agents involved in export activities to report their agency fees as part of their income [14]. Group 2: Reporting Requirements - The updated declaration form includes new items such as "employee compensation" and "method of going abroad," which taxpayers must accurately report if applicable [16]. - Adjustments to the "prepayment tax calculation section" will include new financial reporting items like "sales expenses" and "other income," enhancing the clarity of income reporting for enterprises engaged in export activities [17][19]. - The form will also introduce a "tax credit" section for enterprises eligible for specific equipment tax credit policies [18]. Group 3: Tax Distribution Methodology - The methodology for distributing tax payments between head offices and branches will be standardized, allowing enterprises to allocate their taxable income before calculating their prepayment tax [20]. - The form's name and data items will be modified to reflect these changes, ensuring consistency in tax reporting across different levels of the organization [20][21].

Core Viewpoint - The article discusses the new tax credit policy for foreign investors reinvesting distributed profits in China, effective from January 1, 2025, to December 31, 2028, allowing a 10% tax credit on the reinvested amount [2][3]. Summary by Sections Tax Credit Policy Details - Foreign investors can use profits distributed by Chinese resident enterprises for direct investment in China, eligible for a 10% tax credit on the investment amount, with any unused credits allowed to be carried forward [2][3]. - The policy applies to profits classified as dividends or similar equity investments from Chinese resident enterprises [3]. Eligibility Criteria - The profits must be actual distributions from Chinese resident enterprises and used for direct investments such as capital increases, new establishments, or equity acquisitions, excluding certain stock purchases [3][4]. - Investments must be in industries listed in the "Encouraged Foreign Investment Industry Catalog" and held for at least 5 years [4]. Application Process - Eligible foreign investors must submit their applications through the invested enterprise to the local commerce authority, providing necessary documentation and information [8]. - Upon approval, the foreign investor must fill out specific forms to claim the tax credit when filing taxes [10]. Handling of Withdrawals - If a foreign investor withdraws their investment after 5 years, they must report and pay any deferred taxes within 7 days [9]. - If the investment is withdrawn before 5 years, the investor must reduce their tax credit eligibility and pay any excess credits used [11]. Transitional Provisions - Investments made between January 1, 2025, and the announcement date can apply for retroactive tax credits, but investments prior to January 1, 2025, are not eligible [8].

Core Viewpoint - The article emphasizes the importance of tax credit ratings and provides detailed instructions on how to check one's own and others' tax credit ratings, particularly focusing on the A-level rating for businesses in Shanghai [1][2][4]. Part 01: Querying Tax Credit Ratings - Businesses can check their own tax credit rating by logging into the electronic tax bureau and navigating to the tax credit management section [1]. - Detailed results and indicators can be accessed by selecting the relevant year after logging in [1]. Part 02: Checking A-Level Tax Credit Ratings - Method 1 involves accessing the "A-Level Taxpayer List" on the Shanghai Tax Bureau website, where users can input their taxpayer identification number or name to check if they are rated A-level [2]. - Method 2 allows for a one-stop query of taxpayer information by entering the taxpayer's name or identification number on the same website [2]. - Method 3 provides a mobile option through the Shanghai Tax WeChat account, enabling users to check their tax credit status easily [4]. Tax Credit Rating Classification Standards - The tax authority uses a scoring system based on tax payment information to determine credit ratings, with a starting score of 100 for complete information [9]. - Non-compliance or missing information results in lower starting scores, with specific deductions applied for various infractions [9]. Direct D-Level Rating Conditions - Businesses can be directly rated as D-level for serious tax violations, including tax evasion, fraudulent tax claims, and failure to pay taxes [11][12]. - Specific actions leading to a D-level rating include significant tax evasion amounts and non-compliance with tax authority rulings [12][14]. Measures for D-Level Rated Businesses - D-level rated businesses face strict measures, including limitations on invoice usage and increased monitoring by tax authorities [18][20]. - D-level ratings can persist for multiple years, affecting future evaluations and business operations [18][20]. Recent Tax Policy Changes - The tax authority has announced changes to the corporate income tax prepayment process, allowing businesses to choose tax credits for specific equipment during prepayment [21][22]. - New requirements for export businesses have been established to clarify tax reporting obligations, ensuring compliance and accurate reporting [23][24]. Implementation Timeline - The new tax reporting measures will take effect from October 1, 2025, with specific timelines for different types of businesses regarding the use of new forms [32].

Group 1 - The core viewpoint of the article is that fresh vegetables sold in the circulation link are exempt from value-added tax (VAT) according to the relevant regulations [2][3] - The exemption applies specifically to vegetables as defined in the regulations, which include various types of vegetables and fungi, but does not extend to fruits like peaches or processed vegetable products like canned cucumbers [2][3] - Sellers of vegetables who also sell other taxable goods must separately account for the sales of vegetables and other taxable goods to qualify for the exemption [3] Group 2 - If a seller engages in taxable sales and issues a special VAT invoice, they cannot enjoy the exemption policy for the sale of vegetables [3]

Core Viewpoint - The article discusses the procedures and requirements for the declaration and payment of the disability employment security fund, emphasizing the importance of accurate data submission by employers [2][3][4]. Summary by Sections Declaration Process - Employers must log into the new electronic tax bureau to declare the disability employment security fund, following specific steps outlined in the article [3][4]. - The declaration can be done through two methods: supplementary declaration and form-filling declaration [4][6]. Supplementary Declaration - The default entry for the declaration interface is set to supplementary declaration, which pre-fills data from the previous year's tax reports [5][7]. - Employers need to verify and confirm the accuracy of pre-filled data, including last year's average salary total and the number of employees [5][9][11]. Form-Filling Declaration - For those opting for form-filling, employers can manually enter and modify data regarding last year's total salary and employee count before submitting [6][7]. - The pre-filled data for employee count is sourced from the previous year's corporate income tax annual report [7][11]. Data Accuracy - The article highlights the importance of ensuring the accuracy of the reported data, as discrepancies can lead to issues with compliance [9][11][16]. - It explains the differences in data definitions between corporate income tax and disability employment security fund declarations, particularly regarding the inclusion of temporary or contracted workers [15][16]. Policy Changes - Recent policy updates aim to reduce the tax burden on enterprises and optimize the declaration process, including changes to the corporate income tax prepayment declaration [23][24]. - The article outlines specific adjustments in the declaration forms and requirements for export businesses, emphasizing clarity in reporting obligations [24][25][27]. Implementation Timeline - The new policies and forms will be implemented starting from October 1, 2025, with specific timelines for different types of enterprises [37].