Circular of the State Administration of Taxation on the issue of Pre-income-tax Deduction on Unearned Premium Reserve from Non-life Insurance Businesses of Insurance enterprises

Circular of the State Administration of Taxation on the issue of Pre-income-tax Deduction on Unearned Premium Reserve from Non-life Insurance Businesses of Insurance enterprises

Guo Shui Han [2007] No.889

August 15, 2007

The bureaus of state taxes of all provinces, autonomous regions, municipalities directly under the Central Government, and municipalities specifically designated in the state plan:

We hereby clarify the issue of pre-income-tax deduction on setting aside unearned premium reserve from non-life insurance businesses of insurance enterprises as follows:

I.
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