Property insurance companies shall calculate the limit according to 15% (including this number, the same below) of the balance of all premium income after deducting surrender premium in that year; The life insurance enterprise shall calculate the limit according to the balance 10% of the total premium income in the current year after deducting the surrender premium. The limit is calculated at 5% of the income confirmed by the service agreement or contract signed with the intermediary service agency or individual with legal business qualifications (excluding the two parties to the transaction and their employees, agents, representatives, etc.). ).
An enterprise shall sign an agency agreement or contract with an intermediary service enterprise or individual with legal business qualifications, and pay handling fees and commissions in accordance with relevant state regulations. Except for entrusting individual agents, the handling fees and commissions paid by enterprises in cash or other non-transfer ways shall not be deducted before tax. Fees and commissions paid by enterprises to relevant securities underwriting institutions for issuing equity securities shall not be deducted before tax.
Extended data:
Provisions on relevant requirements for pre-tax deduction of enterprise handling fees and commission expenses:
1. The fees and commissions paid by the enterprise shall not directly offset the service agreement or contract amount, but shall be recorded truthfully.
2. The enterprise shall truthfully provide the local competent tax authorities with relevant information such as the calculation and distribution table of handling fees and commissions in the current year, and obtain legal and authentic vouchers according to law.
3. Fees and commission expenses that the enterprise has included in fixed assets, intangible assets and other related assets shall be deducted by installments through depreciation and amortization, and shall not be deducted directly in the current period.
Baidu Encyclopedia-Notice of the Ministry of Finance of People's Republic of China (PRC), State Taxation Administration of The People's Republic of China, on the pre-tax deduction policy of enterprise handling fees and commission expenses