First, the meaning of income tax payable
Simply put, it is the total profit. Taxable income: it is the tax basis of enterprise income tax. It is the balance of the taxpayer's total income MINUS deductible items in each tax year, that is, taxable income = total income-deductible items. 1. Taxable income is the balance of the taxpayer's total income in each tax year after deducting the deductible items. 2. Taxable income is the total income of an enterprise in each tax year, after deducting non-taxable income, tax-free income, various deductions and deductions in previous years. 3 taxable income = taxable income * tax rate.
Second, the enterprise income tax is approved to do so.
If the enterprise income tax is approved according to the taxable income rate, the calculation formula of the income tax payable is: taxable income = taxable income rate or taxable income = cost (expense) expenditure /( 1- taxable income rate) taxable income rate. According to the specific situation of taxpayers, the tax control machine verifies the taxable income or income tax payable of taxpayers who have been approved to collect enterprise income tax. In any of the following circumstances, the taxable income shall be verified: (1) The total income can be correctly calculated (verified), but the total cost cannot be correctly calculated (verified); (two) can correctly calculate (verify) the total cost, but can not correctly calculate (verify) the total income; (3) The total income or total cost of taxpayers can be calculated and inferred by reasonable methods.
In a word, according to China's tax collection and management law, there are two main ways to collect taxes, one is audit collection, and the other is verification collection. The approved collection is divided into check collection, inspection collection and regular quota collection.