Tax Exemption Scope - Enterprises engaged in the cultivation of vegetables, grains, tubers, oilseeds, legumes, cotton, hemp, sugar crops, fruits, and nuts are exempt from corporate income tax [2] - Income from the breeding of new varieties of crops, including the production, initial processing, and sale of seeds and seedlings, is also exempt [2] - Income from the cultivation of traditional Chinese medicinal materials is exempt from corporate income tax [2] - Income from the cultivation and planting of timber, including breeding, nurturing, and management, is exempt [2] - Income from the breeding of livestock and poultry, including pigs and rabbits, is treated under the livestock and poultry breeding category [2] - Income from the collection of forest products is exempt from corporate income tax [2] - Income from irrigation, initial processing of agricultural products, veterinary services, agricultural technology promotion, and agricultural machinery operations and maintenance is included in the exemption [2] - Income from deep-sea fishing for enterprises holding a valid deep-sea fishing enterprise qualification certificate is exempt from corporate income tax [2] Tax Reduction Scope - Income from the cultivation of flowers, tea, other beverage crops, and spice crops is subject to a half reduction in corporate income tax [3] - Income from marine aquaculture and inland aquaculture, excluding livestock and poultry breeding, is also subject to a half reduction [3] - Enterprises must retain relevant documentation to substantiate their eligibility for tax exemptions and reductions, including qualification certificates and contracts with farmers [3]