Core Viewpoint - The article discusses the tax deduction policies for corporate and individual charitable donations in China, outlining the eligibility criteria, donation limits, and necessary documentation for tax deductions. Group 1: Corporate Charitable Donations - Corporate donations to qualified charitable organizations or government departments for charitable activities can be deducted from taxable income up to 12% of the annual profit [5][6] - Donations exceeding the 12% limit can be carried forward for deduction in the next three years [5] - From January 1, 2019, to December 31, 2025, donations for poverty alleviation in targeted areas can be fully deducted from taxable income [5] - Charitable donations must be made through organizations with tax deduction qualifications and must comply with relevant laws [6][7] - The donation amount is confirmed based on the actual cash received or the fair value of non-cash assets [8] - Charitable organizations must apply for tax deduction qualifications and submit annual reports to maintain eligibility [9] Group 2: Individual Charitable Donations - Individuals can deduct charitable donations made to qualified organizations or government departments from their taxable income, specifically for education, poverty alleviation, and assistance [13] - The deduction limit for individuals is up to 30% of their declared taxable income [15] - Donations must comply with the definitions of charitable activities as per relevant laws [17] - Individuals must obtain donation receipts and can use bank payment proofs temporarily if receipts are not available [17] - Documentation must be provided within 90 days of the donation to ensure eligibility for tax deductions [17]