The State takes into account the low tax burden of some low profits or smaller enterprises. In order to take care of the actual situation that such enterprises still exist in large quantities, the enterprises with annual taxable income below 100 thousand yuan shall be temporarily charged at a lower tax rate within a certain period.

The specific provisions are as follows: in the case of enterprises with annual taxable income below 30 thousand yuan (including 30 thousand yuan), the tax rate is reduced by 18% at the rate of 18%, and the income tax is reduced at 27% tax rate for enterprises whose annual taxable income is less than 100 thousand yuan (including 100 thousand yuan).

The enterprises that meet the above policies should convert the actual income into the annual income, and then pay the income tax according to the applicable tax rate if the enterprises meet the above policies for 1 years.

The computed income tax shall be calculated at full progressive rate and shall not be calculated on a piecewise basis.

Example: the annual taxable income of an enterprise is 90 thousand yuan, and the applicable tax rate is 27%. According to the following formula, it is calculated that 90 thousand yuan * 27% = 24 thousand and 300 yuan, the enterprise should pay 24 thousand and 300 yuan of income tax.

Wei