Pilot program on promoting commercial health insurance products coupled with individual income tax break
Pilot program on promoting commercial health insu...
China Tax Alert - Issue 11, May 2015
The Ministry of Finance, State Administration of Taxation and China Insurance Regulatory Commission joined forces and issued Cai Shui  , introducing favourable tax treatment on premiums paid for qualified commercial health insurance products. The program is to be rolled out in pilot cities throughout China.
© 2023 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in Chinese Mainland, KPMG, a Macau (SAR) partnership, and KPMG, a Hong Kong (SAR) partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
The KPMG name and logo are trademarks used under license by the
independent member firms of the KPMG global organisation.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.