Management expense deduction standard

1. Taxable cost of selling development products. The taxable cost of the sold development products allowed to be deducted in the current period is determined according to the saleable area and the unit project cost of the saleable area sold in the current period.

2. The development enterprise should be included in the cost of developing products, including the deduction of pre-project costs, infrastructure construction costs, public facilities costs, land acquisition and demolition costs, construction and installation costs and development indirect costs.

3. Expenses payable. The expenses payable by the development enterprise can be included in the taxable cost of developing products or deducted before tax with legal documents. The expenses incurred shall not be deducted before tax unless otherwise stipulated in the tax.

4. Deduction of maintenance cost. The actual expenses incurred by the development enterprise for the unsold development products and the daily maintenance and repair of the sold development products in accordance with relevant laws, regulations or contracts are allowed to be deducted in the current period.

5. Deduct * * * second-hand parts and * * * second-hand facilities and equipment maintenance fund. Development enterprises will have been included in the sales revenue of xx accessories, xx facilities and equipment maintenance fund in accordance with the provisions of the transfer to the relevant departments and units, should be deducted at the time of transfer. Shall not deduct the withholding maintenance fund.

6. Deduct clubs, parking garages, property management places, power stations, heating stations, water plants, sports venues, kindergartens and other supporting facilities built by development enterprises in the Development Zone.

7. The sales department and model houses built by development enterprises can be accounted for separately as cost objects, can be treated as self-built fixed assets, and others can be treated as construction and development products. The decoration cost of the sales department and the model house, regardless of the amount, should be included in its construction cost.

8. Deduction of depreciation of fixed assets. If the development enterprise converts the developed products into fixed assets, depreciation expenses can be deducted according to tax regulations; If it is not converted into fixed assets, depreciation expenses shall not be deducted.

9. Deduction of loan interest: ① The loan expenses incurred by the development enterprise to borrow funds for the construction and development of products that meet the tax requirements, which occurred before the completion of the cost object, should be included in the cost object in proportion; What happens after the cost object is completed can be directly deducted as a financial expense. (2) If a development enterprise borrows money from a financial institution and lends it to other enterprises and units in the group for use, the borrower can issue a certificate that the development enterprise has obtained a loan from the financial institution, and the interest paid is allowed to be deducted before tax in accordance with relevant tax regulations. (3) If a development enterprise lends its own funds to a wholly-owned enterprise (including branches) and other affiliated enterprises, if the amount of funds borrowed by the affiliated parties exceeds 50% of its registered capital, the interest expenses of the excess part shall not be deducted before tax; Interest expenses that do not exceed the part are allowed to be deducted before tax according to the benchmark interest rate of similar loans of financial institutions in the same period.