Announcement No. 58 of the State Taxation Administration, 2018
It is hereby announced that the relevant matters of the small low-profit enterprises adopting account checking-based collection (the“small low-profit enterprises”) to complete the Annual Return for enterprise income tax of the People's Republic of China (Type A, 2017) (released by Announcement No. 54 of the State Taxation Administration, 2017 and revised by Announcement No. 57 of the State Taxation Administration, 2018) are notified as follows to effectively reduce the tax declaration burden on small low-profit enterprises according to the Opinions of the State Taxation Administration on Further Deepening the Reform of “Streamlining Administration, Delegating Power, Strengthening Regulation and Improving Service” in Tax System and Optimizing the Tax Environment (SZF No. 101-2017):
1. The Annual Return for Enterprise Income Tax of the People's Republic of China (Type A) (A100000) is a required for small low-profit enterprises.
2. In the Basic Information Form of Annual Tax Return for Enterprise Income Tax (A000000), the "basic business condition" is required for small low-profit enterprises; the “information on tax-related matters” is optional, but required for small low-profit enterprises in the case of occurrence of relevant events; the “principal shareholder and dividend” is not required for small low-profit enterprises.
3. The small and micro enterprises are not required to complete the Detailed Statement of Income of General Enterprises (A101010), Detailed Statement of Income of Financial Enterprises (A101020), Detailed Statement of Cost Expenditure of General Enterprises (A102010), Detailed Statement of Expenditure of Financial Enterprises (A102020), Detailed Statement of Income and Expenditure of Public Institution and Private Non-profit Organization (A103000), and Detailed Statement of Period Charge (A104000).
The related data of the above forms shall be filled directly in the Annual Return for Enterprise Income Tax of the People's Republic of China (Type A) (A100000).
4. Except for the forms and items specified in Article 1, Article 2 and Article 3 hereof, the small and micro enterprises may complete the forms optionally according to their own business conditions. There is no need to complete the form if no items specified in the form occur.
5. The small and micro enterprises mentioned herein refer to the enterprises meeting the Law of the People’s Republic of China on Enterprise Income Tax and its implementation regulations, and the Circular of the Ministry of Finance and State Taxation Administration on Further Expanding the Scope of Preferential Policies for the Income Tax of Small and Micro Enterprises (CS No. 77-2018), etc. In the case of adjustment of aforesaid policies, the latest policies shall prevail.
6. The Announcement is applicable to the tax declaration of small and micro enterprises for the final settlement of corporate income tax in 2018 and the subsequent years.
State Taxation Administration
December 17, 2018