1. According to Article 31 of Order No.3 issued by seven ministries and commissions, the financing guarantee company shall withdraw the unearned liability reserve according to 50% of the guarantee fee income of the current year.
2. According to the provisions of Caishui (2012) No.25, the unearned liability reserve accrued by qualified SME credit guarantee institutions at a ratio not exceeding 50% of the guarantee fee income of the current year is allowed to be deducted before the enterprise income tax, and the balance of the unearned liability reserve accrued in the previous year is converted into the current income.