Can Enterprises Enjoy The Preferential Policy Of "Two Plus" At The Same Time?

The research and development activities of an enterprise in the field of high and new technology supported by the state mainly stipulate that the value of the equipment and equipment purchased in September 2014 is 5 million 600 thousand yuan. According to the notice issued by the Ministry of Finance and the State Administration of Taxation on the implementation of the preferential policies on enterprise income tax (fiscal 69 [2009]), and the State Council's Circular on the implementation of the preferential tax policy on enterprise income tax (No. 39 of the national income tax No. 2007), the financial personnel of enterprises ask whether they can enjoy accelerated depreciation and the Deduction Policy of research and development expenses at the same time.

According to the second provision of the Ministry of Finance and the State Administration of Taxation on the implementation of several preferential policies on enterprise income tax (second [fiscal 2009] 69), the State Council's Circular on the implementation of the preferential policies for the implementation of enterprise income tax preferential policies (No. 39 of the national income tax No. third) shall not be superimposed on the enjoyment, and the tax preference that is not changed once selected is limited to the preferential tax policies for enterprise income tax and the regular tax reduction and reduction stipulated in the enterprise income tax law and its implementation regulations.

Tax concessions.

Accelerated depreciation and enterprises

The deductible policy does not belong to the above two situations. If the enterprise meets the corresponding conditions, it can enjoy accelerated depreciation and the enterprise research and development cost plus Deduction Policy.

According to the second provision of the Ministry of Finance and the State Administration of Taxation on the improvement of the enterprise income tax policy for accelerating depreciation of fixed assets (fiscal 2014 [75]) second, the instruments and equipment newly purchased by all trade enterprises after January 1, 2014 should be used for research and development, with a unit value of not more than $1 million, which is allowed to be included in the current period.

When calculating the taxable income, it is deducted no longer the annual depreciation; the unit value exceeding 1 million yuan can shorten the depreciation years or adopt accelerated depreciation methods.

According to the fourth regulation issued by the State Administration of Taxation on the "administrative measures for pre tax deduction of enterprise research and development expenses (Trial Implementation)" (fourth of the national tax code [2008]), the enterprises engaged in the "priority area of high technology industrialization key areas guide" (2007) promulgated by the state key supporting high and new technology field and the national development and Reform Commission, etc., stipulate the research and development activities of the project, and the expenses for the depreciation and rental of the equipment and equipment that are actually used for research and development activities in a taxable year, and allow for the deduction of the taxable income when calculating the taxable income amount.

Therefore, enterprises that meet the relevant conditions can enjoy both accelerated depreciation and enterprise research and development cost deduction policy.