Corporate shareholders's share of liquidation income is also taxable, so the shareholder's share of liquidation income belongs to pre-tax income.
Article 13 of the Provisional Regulations on Enterprise Income Tax stipulates that when a taxpayer conducts liquidation according to law, the enterprise income tax shall be paid in accordance with the provisions of these Regulations on the proceeds from liquidation. Article 44 of the Detailed Rules for the Implementation of the Provisional Regulations on Enterprise Income Tax stipulates that the liquidation income mentioned in Article 13 of the regulations refers to the balance of all the assets or property of the taxpayer that exceeds the paid-in capital after deducting the liquidation expenses, losses, liabilities, undistributed profits, public welfare funds and provident funds of the enterprise.