Can the guarantee fee paid to the guarantee company be deducted before tax?

The guarantee fee paid by the enterprise to the guarantee company belongs to the actual reasonable expenditure related to the income obtained by the enterprise, which can be deducted before tax. Expenditure that has nothing to do with income cannot be deducted before tax.

legal ground

Article 8 of the Enterprise Income Tax Law of People's Republic of China (PRC)

Reasonable expenses related to income actually incurred by an enterprise, including costs, expenses, taxes, losses and other expenses, are allowed to be deducted when calculating taxable income.

Article 10

When calculating taxable income, the following expenses shall not be deducted:

(1) Dividends, bonuses and other equity investment income paid to investors;

(2) enterprise income tax;

(3) tax late fees;

(four) fines, fines and confiscation of property losses;

(5) Donation expenditures other than those specified in Article 9 of this Law;

(6) sponsorship expenditure;

(7) Unapproved reserve expenditure;

(eight) other expenses unrelated to income.