Does the on-the-job subsidy issued by the Social Security Bureau need to pay enterprise income tax?

In line with the relevant provisions of the Notice of the Ministry of Finance, People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China on the Handling of Enterprise Income Tax with Special Financial Funds (Cai Shui [2011] No.70), the financial funds obtained by enterprises from the financial departments and other departments of the people's governments at or above the county level that should be included in the total income can be regarded as non-taxable income only if the following conditions are met. Deduct from the total income when calculating the taxable income: the financial funds that should be included in the total income obtained by enterprises from the financial departments and other departments of the people's governments at or above the county level can be regarded as non-taxable income when calculating the taxable income;

(a) the enterprise can provide special funds disbursement documents;

(two) the financial department or other government departments that allocate funds have special fund management measures or specific management requirements for funds;

(3) An enterprise shall separately account for funds and expenditures incurred with funds. These three conditions are that you don't have to pay enterprise income tax, otherwise you need to pay it.