Core Viewpoint - Understanding "non-taxable income" is essential for enterprises to manage tax risks effectively in their daily financial and tax operations [1] Group 1: Types of Non-Taxable Income - Fiscal allocations refer to financial resources allocated by various levels of government to budget-managed institutions and social organizations, unless otherwise specified by the State Council [2] - Administrative and institutional fees collected according to laws and regulations, as well as government funds, are included in non-taxable income [3] - Other non-taxable income as defined by the State Council includes financial resources designated for specific purposes and approved by the State Council [4] Group 2: Specific Non-Taxable Income Sources - Income from the National Social Security Fund, including bank interest and investment returns from securities, is considered non-taxable income for corporate income tax [5] - Direct equity investment returns and equity fund returns from the National Social Security Fund are also classified as non-taxable income [6] - Software companies that meet certain criteria can treat VAT refunds as non-taxable income if used for R&D and accounted separately [7] - Nuclear power enterprises can receive VAT refunds for specific uses without incurring corporate income tax since January 1, 2008 [8] - Investment income from the basic pension insurance fund, within approved investment scopes, is classified as non-taxable income [9] - Assets transferred to enterprises by local governments for designated purposes can be treated as non-taxable income, calculated based on the government's determined value [10] Group 3: Misconceptions about Non-Taxable Income - Misconception: Expenses from non-taxable income used for R&D can enjoy additional deductions. Correct: Such expenses cannot be deducted or amortized [11] - Misconception: Depreciation on assets purchased with non-taxable income can be deducted before tax. Correct: Expenses related to non-taxable income cannot be deducted when calculating taxable income [11] - Misconception: Fees received from tax authorities for withholding employee income tax can be treated as non-taxable income. Correct: These fees do not meet the criteria for non-taxable income [11]

Core Viewpoint - The article discusses tax incentives for small and micro enterprises in rural areas, specifically focusing on the exemption and reduction of cultural construction fees for eligible small-scale VAT taxpayers [1][6]. Summary by Relevant Sections Enjoyment Conditions - Eligible small-scale VAT taxpayers are exempt from cultural construction fees if their monthly sales do not exceed 20,000 yuan (60,000 yuan for quarterly taxpayers) [2][6]. Policy Basis - The tax incentives are based on the "Supplementary Notice on Cultural Construction Fee Policies and Collection Management Issues Related to the Pilot Program of Business Tax to VAT" (Cai Shui [2016] No. 60) and the "Notice on Adjusting Certain Government Fund Policies" (Cai Shui [2019] No. 46) [3]. Preferential Content - Small-scale VAT taxpayers whose monthly sales do not exceed 20,000 yuan are exempt from cultural construction fees, which applies to both enterprises and non-enterprise units providing taxable services [6].