1. The investment income is neither the main business income nor other business income;
2. Investment income is a separate accounting subject. Profits, interests, dividends and bonus income from investment are taxable items of enterprise income tax, which should be levied according to law. If the after-tax profit of the investor enterprise is lower than that of the affiliated enterprise, the income tax paid will not be refunded. If the applicable tax rate of the investor enterprise is higher than that of the affiliated enterprise, the after-tax profit of the investor enterprise shall be returned to the enterprise as required.
3. Operating income includes main business income and other business income;
4, the main business income refers to the income generated by the enterprise's regular and main business.
Such as the sales of products and semi-finished products and the income from providing industrial services; Income from commodity sales by commodity circulation enterprises; Ticket income, tourist income, catering income of tourism service industry, etc.
The main business income accounts for a large proportion of enterprise income, which has a decisive impact on the economic benefits of enterprises; ,
5. Other business income refers to other business income except the above-mentioned main business income.
What non-operating expenses can be deducted before tax?
The liquidated damages (including bank default interest), fines and legal fees paid by taxpayers in accordance with the provisions of economic contracts can be deducted before tax;
Loss and donation expenses are divided into the following situations:
1, the taxpayer's donation directly to the donee is not allowed to be deducted before tax;
2. The public welfare donation expenditure incurred by the enterprise, which does not exceed 0.2% of the total annual profit, is allowed to be deducted;
3. Debt restructuring losses incurred by creditors can be deducted before tax after being reported to the competent tax authorities for approval, while debt restructuring losses incurred by debtors cannot be deducted before tax;
4 scrapped fixed assets that have been fully depreciated can be deducted before tax, but they must be filed with the tax bureau; The loss of fixed assets that have not reached their useful life and have not been fully depreciated may be deducted before tax with the approval of the tax bureau.
Including material sales, outsourcing goods sales, waste materials sales, waste products sales, income from providing labor services, real estate development income, consulting income, guarantee income and other business income. Other business income accounts for a small proportion of enterprise income.
To sum up, investment income is not operating income. Investment income does not belong to the main business income, nor does it belong to other business income. Investment income is a separate accounting subject. Profits, interests, dividends and dividend income from investment. Investment income is a taxable item of enterprise income tax, and enterprise income tax should be levied according to law.
Legal basis:
Article 12 of the Company Law of People's Republic of China (PRC)
The business scope of the company is stipulated in the articles of association and registered according to law. A company may amend its articles of association and change its business scope, but it shall register the change. Projects that are required to be approved by laws and administrative regulations in the company's business scope shall be approved according to law.