Sware Ltd is a software company set up in the Xinjiang Autonomous Region. Sware Ltd’s enterprise income tax (EIT) rate is 25%. The company’s accountant has prepared the following statement of profit or loss for the year end 31 December 2014.
Calculate the enterprise income tax (EIT) payable by Sware Ltd for the year 2014.
Note: You should start your computation with the net loss figure of RMB3,385,150 and list all of the items referred to in notes (1) to (18) identifying any items which do not require adjustment by the use of zero (0).
Enterprise income tax (EIT) for the year 2014
Identify and briefly describe ANY TWO enterprise income tax (EIT) preferential policies which Sware Ltd could consider applying, in addition to the qualified research and development additional deduction.
Enterprise income tax (EIT) preferential treatments (other than the qualified research and development additional deduction)
