There is a tax deduction

Here are some common items that can be deducted:

1. Business expenses: A company’s reasonable business expenses can be deducted from pre-tax profits, such as rent, bank loan interest, office equipment and furniture, etc.

2. Constructive expenditures: For example, investment in the development of new products or services, scientific and technological research and development, capital expenditure, etc., can be eligible for tax incentives.

3. Employee benefits: such as employee meals, gym memberships, health insurance, and retirement plans, etc., can be deducted from the company’s pre-tax income.

4. Donations: The company’s donations to public welfare undertakings can receive corresponding tax incentives.

5. Tax credits: If a company has had unused tax credits in the past few years, they can be credited against their tax burden for the current year.

6. Tax subsidy: According to the relevant policies of the local government, eligible companies can get tax subsidies or exemptions.

7. Tax information: Companies can consult with tax experts or accountants to understand the relevant local tax policies and regulations to ensure that the company can save tax burdens legally and compliantly.

It is important to note that tax deductions vary from country to country due to different tax regulations and policies. Therefore, it is advisable to consult with a local tax professional or accountant before making any tax operations to ensure that the company is legally compliant with the relevant tax operations.