Core Viewpoint - The article discusses the treatment of intangible assets in corporate income tax, including their definition, tax basis, and amortization methods according to Chinese tax law [1][3][4]. Summary by Sections Definition of Intangible Assets - Intangible assets are defined as non-monetary long-term assets held by enterprises for production, service provision, leasing, or management, including patents, trademarks, copyrights, land use rights, non-patent technology, and goodwill [1]. Tax Basis for Intangible Assets - The tax basis for intangible assets is determined by historical cost, which refers to the actual expenditure incurred when acquiring the asset. Changes in asset value during the holding period do not adjust the tax basis unless specified by the relevant authorities [2]. Amortization of Intangible Assets - Intangible assets can be amortized for tax purposes, with the amortization calculated using the straight-line method. The minimum amortization period for intangible assets is set at 10 years [3]. Special Case of Goodwill - For purchased goodwill, the expenditure is deductible only during the overall transfer or liquidation of the enterprise. Intangible assets acquired as investments can be amortized based on the specified useful life in relevant laws or contracts [4]. Non-Deductible Intangible Assets - Certain intangible assets are not eligible for amortization deductions as specified in the tax law [5]. R&D Expense Deductions - When calculating R&D expense deductions, amortization costs for intangible assets used in R&D activities, such as software and patents, are included. If an intangible asset is used for both R&D and non-R&D activities, the company must allocate the amortization costs based on actual usage [7].

Group 1 - The article provides a step-by-step guide on how to modify personnel contact information in the Natural Person Electronic Tax Bureau withholding end, including both individual and batch modification methods [2][3][4]. - The process begins with logging into the withholding end and navigating to the personnel information collection page [2][3]. - Users can select the personnel whose contact information needs to be modified, double-click on the name, and then update the contact details such as mobile number and email address [4][5]. Group 2 - After making the necessary changes, users must save the modifications to ensure the updates are recorded [6]. - The article also outlines the option to export personnel information, allowing users to modify contact details in an Excel template before importing the updated information back into the system [7][9][11]. - Specific requirements for mobile numbers are highlighted, including the need for unique numbers for each individual and the prohibition of using invalid or shared numbers [12].

Core Viewpoint - The article focuses on providing guidance for individual businesses in Ningbo regarding tax policies and procedures, specifically addressing common questions related to value-added tax (VAT) and individual income tax [3]. Group 1: Tax Types and Filing - Individual businesses need to be aware of the main types of taxes they must declare, including VAT and individual income tax, along with their respective filing deadlines [6]. - There are specific consequences for individual businesses that fail to file their tax declarations on time [6]. - The article outlines various methods for calculating individual income tax on business income [6]. Group 2: VAT Registration and Invoicing - Individual businesses can apply to become general VAT taxpayers and are eligible to issue special VAT invoices [6]. - The process for individual businesses to apply for small-scale taxpayer status is also detailed [6]. - The article discusses the use of electronic invoices by individual businesses, including how to apply for and issue them [6]. Group 3: Tax Benefits and Exemptions - Current preferential tax policies available to individual businesses are highlighted, including those aimed at specific key groups [6]. - The article emphasizes the importance of understanding these policies to maximize tax benefits [6]. Group 4: Tax Registration and Cancellation - After obtaining a business license, individual businesses are required to register with the tax authorities [6]. - The process for tax cancellation when an individual business ceases operations is explained, including the need for tax deregistration [6].

Core Viewpoint - The company anticipates a significant decline in financial performance, projecting a loss of approximately HKD 18.2 million for the six months ending June 30, 2025, compared to a profit of HKD 6.8 million for the same period in 2024 [1] Financial Performance - The expected loss of HKD 18.2 million for the upcoming period contrasts sharply with the profit of HKD 6.8 million recorded in the previous year [1] - The decline in financial performance is attributed to increased amortization of intangible assets related to a newly launched self-developed mobile game [1] - The company has also made provisions for impairment losses on intangible assets due to uncertainty regarding the future performance of existing mobile games [1] - Additionally, there has been an increase in employee costs contributing to the overall financial decline [1]