The current account of the contents of different tax adjustments there are differences _ net _ Chinese accounting perspective needed to accountants - CPA | Certified Tax | Accounting titles | Senior Accountant | Accounting practitioners

A company engaged in water production and sales. December 2015, sales of water 7 million tons. According to the provincial price department in charge of relevant documents, to sell 0.04 yuan per ton of water as the standard, in the In accordance with the provisions of the State Council documents to the provincial price department to develop sales of 1.1 yuan per ton of water for the standard, to the user collection of sewage treatment fee of 7.7 million yuan. Account processing as follows: (unit: million, the same below) borrow: 28 Credit: 28 borrow: 770 Loan: Other payables 770 In January 2016, the Company has paid the above amount to the municipal government in full, Door and get legal The Group of companies on the company in 2015 When the amount of the two accounts account whether the tax adjustment, resulting in differences of opinion. The first opinion, there is no tax adjustment issues. The reason is that a company in accordance with the provisions of the collection and collection of administrative fees, was in the 2015 settlement period paid to the government departments, the bill is legal, does not produce tax adjustment The The second opinion should be tax adjusted. On the basis of the fact that the administrative fees charged and collected by the Company in December 2015 at cost are not actually paid in 2015 and are deductible , Should be tax increase; in the actual payment, should be in 2016 annual summary payment during the tax reduction. Which of the above two opinions is correct? The head of the audit believes that these two views are not entirely correct, he believes that from the account account and the payment of both the time to determine whether the tax adjustment, and the following tax treatment advice. 1. Water costs for water conservancy works. "Ministry of Finance, the State Administration of Taxation on the financial funds, administrative fees, government related Article 2 of the Circular of the State Council and the People 's Government of the Provinces, Autonomous Regions and Municipalities directly under the Central Government and the State Council, the State Council or the Ministry of Finance of the People' s Republic of China, The administrative department shall approve the establishment of administrative fees and shall be deducted when calculating the amount of taxable income. Article 6 of the Notice of the State Administration of Taxation on Several Issues Concerning the Enterprise Income Tax (the State Administration of Taxation Notice No. 34 of 2011) stipulates that the actual occurrence of the enterprise , The cost, due to various reasons failed to obtain the cost in a timely manner, the cost of effective , Enterprises in the prepayment of quarterly income tax, you can temporarily book the amount of accounting; but in the final settlement, should be added to provide the cost, the cost of valid documents. A company in December 2015, based on , In accordance with the provisions of the cost of water costs in the water project costs, in January 2016 actually paid, in line with the provisions of the document, and therefore in 2015 when the final settlement, there is no tax adjustment issues. 2. About sewage treatment fee. In accordance with the provisions of Article 2 (3) of the Circular [2008] No. 151, the government funds and administrative fees charged to the enterprises in accordance with the relevant laws and regulations and the relevant provisions of the State Council shall be granted In the year when the amount of taxable income is calculated The total amount shall not be deducted from the total amount of income; A company in specific Processing, the collection of sewage treatment fee into the "other payables" , Accounting handled properly. But in tax treatment, should follow Do pre-tax deduction. The sewage treatment fee collected in December 2015 is actually paid in January 2016 and does not meet the requirements of fiscal and taxation [2008] 151, and should be taxed in 2015. 2016 when the actual payment, in the year to do tax reduction.