How Do I Know Which Expenses are Tax Deductible?

"Tax reductions" specifically include "tax reductions and exemptions" and "cancellation or suspension of administrative fees". In terms of tax reduction, the annual tax reduction will be about 350 billion yuan, including small and micro enterprises that continue to improve the pilot policy of business reform and increase the reduction of corporate income tax halves from 300,000 yuan in taxable income to 500,000 yuan or less 2. Increase the percentage of deduction for R & D expenses from 50% to 75%.