1. The commission income obtained by insurance salesmen and securities brokers belongs to the income from labor remuneration;

2. Income included in the comprehensive income of the current year = excluding VAT income × (1-20% )× (1-25%)-urban construction tax and surcharges.

In which: 20% is the expense deduction; 25% is the exhibition cost, and the exhibition cost is calculated as 25% of the income.

3. When withholding agents pay commission income to insurance salesmen and securities brokers, they shall calculate the withholding tax according to the cumulative withholding method of wages and salaries.

The calculation formula is:

Taxes to be withheld in this period = (cumulative withholding taxable income × withholding rate-quick deduction)-cumulative tax reduction and exemption-cumulative withholding tax.

Cumulative withholding taxable income = Cumulative income-Cumulative deduction expenses-Cumulative other deductions

Although the commission income obtained by insurance salesmen and securities brokers belongs to the income from labor remuneration, the withholding tax is not withheld by time, but by the cumulative withholding method of wages and salaries;

Income from labor remuneration that can be withheld according to the cumulative withholding method includes:

(1) commission income obtained by insurance salesmen and securities brokers;

(2) Students who are receiving full-time academic education receive labor remuneration for their internship.

When the commission income obtained by insurance salesmen and securities brokers is included in the comprehensive income, not only 20% of the expenses are deducted, but also 25% of the exhibition expenses and the corresponding urban construction tax and surcharges are deducted.