Core Viewpoint - The article discusses the recent updates to the corporate income tax prepayment declaration form in China, highlighting changes aimed at optimizing the reporting process for businesses, effective from October 1, 2025 [1][2]. Group 1: Changes in Prepayment Declaration - The announcement introduces new reporting items in the "Additional Reporting Items" section, including "Employee Compensation" and "Export Methods," which taxpayers must accurately report if applicable [1]. - Under the "Operating Income" section, new items such as "Self-operated Export Income," "Entrusted Export Income," and "Export Agency Fee Income" have been added for businesses involved in export activities [2]. - The "Investment Income" section will now include detailed line items for taxpayers to report specific matters and amounts related to equity disposal [2]. Group 2: Special Equipment Tax Credit Policy - Businesses eligible for the special equipment tax credit policy can choose to report this during the prepayment phase, allowing them to enjoy tax benefits based on their operational conditions [2]. - The policy allows for a 10% tax credit on the portion of digital and intelligent transformation investments in special equipment that does not exceed 50% of the original tax basis, applicable from January 1, 2024, to December 31, 2027 [2][9]. Group 3: Adjustments in Tax Distribution for Branches - The method for distributing tax payments among total and branch institutions has been adjusted to apply to the prepayment phase, streamlining the calculation process [2]. - New items such as "Total Institution Distribution" and "Total Institution Fiscal Central Distribution" have been added to the tax distribution calculation method [2]. Group 4: Important Reminders - The deadline for tax declaration in October has been extended to October 27 [3].

Core Points - The announcement by the State Taxation Administration optimizes the prepayment tax declaration for corporate income tax, effective from October 1, 2025 [1][9][22] Group 1: Tax Policy Changes - Enterprises can choose to enjoy the tax credit for special equipment related to energy conservation, water conservation, environmental protection, and safety production either during the prepayment declaration or at the annual settlement [2][6][10] - The revised declaration form includes new items such as "employee compensation" and "export methods" to enhance reporting accuracy [3][16] - The tax credit amount for eligible enterprises can now be reported during the prepayment declaration [4][17] Group 2: Export Business Reporting Requirements - Exporting enterprises must report their income from exported goods accurately, whether through self-operated or entrusted methods [8][11] - Enterprises engaged in export agency business must include their agency fee income in their reported revenue and provide detailed information about the actual exporting party [12][14] Group 3: Declaration Form Adjustments - The revised corporate income tax prepayment declaration form (A class) has been optimized to include additional reporting items and adjust the calculation of prepayment tax [15][19] - The new form will be implemented for monthly and quarterly prepayment declarations starting from September 2025 for monthly filers and the third quarter for quarterly filers [22]