Because 2008 is the first year to implement the new Enterprise Income Tax Law, some enterprises are not quite clear about what issues need attention in the 2008 enterprise income tax reconciliation and settlement. In recent times, the tax authorities also frequently receive enterprise consultations on issues related to reconciliation and settlement. The author believes that while enterprises conduct the 2008 annual enterprise income tax reconciliation and settlement, they not only need to pay attention to adjusting differences formed by the discrepancies between the new tax law and financial accounting systems, properly handling the connection and transition between the new and old enterprise income tax policies, and accurately understanding the new contents stipulated in the new tax law, but they should also not overlook the following few issues.