Group 1 - The article discusses common misconceptions regarding the tax treatment of business entertainment expenses, emphasizing that only 60% of such expenses can be deducted, subject to a cap of 5% of annual sales revenue [3][4]. - It clarifies that individual businesses, sole proprietorships, and partnerships are allowed to deduct 60% of their business entertainment expenses when calculating personal income tax, with the same 5% cap on sales revenue applicable [5][6]. Group 2 - The article outlines the applicable subjects for financing leasing enterprises, which include financial leasing companies and other approved entities, highlighting the regulatory framework governing these businesses [15]. - It details the tax policies related to financing leasing, specifically mentioning that contracts signed before January 1, 2017, can continue to benefit from existing export tax refund policies [16]. - The article specifies the conditions for financing leasing export goods, including the types of goods eligible for tax refunds, such as aircraft and marine engineering structures, in accordance with relevant regulations [18].

Core Viewpoint - The article discusses the implementation of tax refund policies for financing leasing exports, particularly focusing on the conditions and applicable entities for these policies [2][5]. Tax Policies for Financing Leasing - A trial tax refund policy for financing leasing export goods has been in effect since October 1, 2014, allowing VAT and consumption tax refunds for goods leased to foreign lessees for a period of five years or more [2]. - The policy also applies to marine engineering structures leased to domestic oil and gas extraction enterprises, treating them as exports eligible for tax refunds [2]. - As of January 1, 2017, domestic production enterprises selling marine engineering structures or leasing them through financing leasing companies are required to pay VAT, with certain exceptions for specific enterprises [3]. Applicable Entities - The policy is applicable to financing leasing enterprises, financial leasing companies, and their project subsidiaries, which must be approved by relevant authorities [4]. - The range of financing leasing export goods includes aircraft, engines, locomotives, passenger carriages, ships, and other goods, adhering to specific regulations [4]. Policy Basis - The tax refund policies are based on several official notifications and announcements from the Ministry of Finance and the State Administration of Taxation, outlining the framework for the implementation of these policies [5].