Announcement of the State Administration of Taxation on Certain Tax Treatment Issues on Taxable Income of Enterprises

" (State Administration of Taxation Announcement No. 15, 2012) stipulates that those engaged in agency services and main business For enterprises whose business income is fees and commissions (such as securities, futures, insurance agencies, etc.), the operating costs (including fees and commission expenses) actually incurred to obtain such income are allowed to be deducted before corporate income tax. .

It should be noted that according to the "General Principles of Civil Law", agency means that an agent performs civil legal acts in the name of the principal within the agency's authority. If an enterprise engages in both agency services and self-operated business, the handling fees and commissions directly related to the agency service income are allowed to be included in the operating costs and deducted accordingly, and the handling fees and commissions directly related to the self-operated business income should be included in the operating expenses. , and deductions will be limited according to the tax regulations on handling fees and commissions.