Insurance salesman's exhibition fee

The so-called exhibition industry cost refers to the cost that people engaged in insurance marketing and other businesses spend in their work to attract and maintain customers.

According to the Notice of China Insurance Regulatory Commission on Defining the Composition of Insurance Salesman's Commission (No.48 [2006] of China Insurance Regulatory Commission), the insurance salesman's Commission consists of the exhibition cost and labor remuneration. According to the tax law, the exhibition fee in the commission is not subject to personal income tax. Personal income tax shall be calculated and collected in accordance with the relevant provisions of the tax law after deducting the actual business tax and surcharges. According to the actual situation of insurance salesmen's exhibition industry, the proportion of exhibition expenses in commission is tentatively set at 40%.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.