Core Viewpoint - The article discusses various tax policies and regulations related to corporate income tax, particularly focusing on small and micro enterprises, high-tech enterprises, and the treatment of government subsidies [2][4][8]. Group 1: Tax Incentives for Small and Micro Enterprises - Small and micro enterprises can choose to apply either the preferential tax rate for small enterprises or the 15% tax rate under the Western Development policy, but they cannot combine these benefits [2][3]. - Branch offices that do not have legal person status must consolidate their income with the parent company for tax calculations and can enjoy relevant tax incentives [4][5]. Group 2: Asset Loss Deductions - Actual asset losses should be reported in the year they occur and are accounted for, while statutory asset losses must meet specific criteria before being reported [6]. - Companies only need to submit the annual tax return form for asset loss deductions without providing additional documentation to tax authorities, but they must keep relevant records for reference [6]. Group 3: High-Tech Enterprise Tax Rates - High-tech enterprises can prepay corporate income tax at a rate of 15% in the year their qualification expires, but must pay any outstanding taxes if they do not requalify by year-end [7][8]. Group 4: Government Subsidies and Tax Implications - Government subsidies received by enterprises, except for those that require repayment, must be included in the total income for the year. Certain approved subsidies can be excluded from taxable income [8][10].