How is the taxation of insurance payments under long-term life insurance contracts?
Now a citizen who does not apply for a tax credit ends up losing, as the fiscal authorities use the amount of insurance compensation as a tax base. This should not be.
If a person did not want to receive a tax credit, leaving his taxes to the state, he needs to be stimulated and taxation should be reduced. And everything is done exactly the opposite. It is not a tax credit that needs to be stimulated, but less taxation for those who have not taken advantage of it.
- Benefits of accumulating gold through life insurance
- How is the sum insured paid out in the event of the death of the insured person?
- Life insurance programs "Golden Handcuffs" and "Golden Parachute"
- The amount of the redemption amount must be included in the life insurance contracts
- How are life insurance premiums paid?
