Can the provision for bad debts be written off before tax?

Can the provision for bad debts be written off before tax? ask：Provision for bad debts for accounts receivable over multiple years，Can it be deducted before tax? [Mingxi’s reply] It cannot be deducted before corporate income tax。 [Mingxi Analysis] Article 10, Item 7 of the "Enterprise Income Tax Law"：Unapproved reserve expenditures are not deductible before tax。

Article 55 of the Implementation Regulations of the Enterprise Income Tax Law stipulates：Unapproved reserve expenditures as referred to in Item (7) of Article 10 of the Enterprise Income Tax Law，refers to matters that are not in compliance with the State Council’s financial、Provisions for impairment of various assets specified by the tax authorities、Risk reserves and other reserve expenditures。Bad debt provisions are not allowed to be deducted before tax in the current period of provision.， Enterprises need to make tax adjustments when filing。

For example，The company this period 100 The accounts receivable were accrued at 10% 10 Ten thousand yuan of bad debt provisions and included in asset impairment losses，When a company calculates its profits for the current period,，deducted the 10 million yuan，When reporting, please add。

[Policy basis] Article 10 of the "Enterprise Income Tax Law of the People's Republic of China" (Chairman's Order [2007] No. 63)：When calculating taxable income， The following expenses are not deductible

1. Dividends paid to investors、Dividends and other equity investment income；
2. corporate income tax；
3. tax late payment fees；
4. fine、Fines and damage to confiscated property；
5. Donation expenditures other than those provided for in Article 9 of this Law；
6. Sponsorship expenditure；
7. Unapproved reserve expenditures；
8. Other expenses not related to earning income。

Article 55 of the "Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China"：Unapproved reserve expenditures as referred to in Item (7) of Article 10 of the Enterprise Income Tax Law，refers to matters that are not in compliance with the State Council’s financial、Provisions for impairment of various assets specified by the tax authorities、Risk reserves and other reserve expenditures。

hint：After the implementation of the new income tax law，Enterprises will no longer be able to deduct various reserves set aside according to the accounting system before tax，Only the State Council’s fiscal deductions can be deducted before tax、Provisions for impairment of various assets specified by the tax authorities、Risk reserves and other reserve expenditures。

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