Should be taxed below 30,000 yuan small meager profit enterprise will enjoy more discount next year

Xinhua Beijing, December 14 (reporter Han, roxatidine) reporter 14th from the Ministry of Finance learned that, with the approval of the State Council, China will be part of small profit enterprises in the existing 20% tax rate levied on the basis of enterprise income tax, next year to implement a more preferential tax policy. According to the recently issued by the Ministry of Finance and the State administration of taxation, "on small meager profit enterprises on corporate income tax policy notice", from January 1, 2010 to December 31, 2010, the two departments will be taxable income of less than 30,000 yuan (including 30,000 yuan) of small profit enterprises, the income is reduced by 50%　　The taxable income is counted, and the enterprise income tax is paid at the rate of 20%. Industry insiders believe that the tax incentives aimed at alleviating the problem of SME financing, more support for SME development, and effectively deal with the international financial crisis. According to the notice, enjoy the preferential small profit enterprise mainly refers to the "People's Republic of China Enterprise Income Tax Law" and its implementation regulations as well as the relevant tax policy provisions of small profit enterprises.