Reply to questions concerning Individual Income Tax (IIT)

Referring to the question about handling IIT and Enterprise Income Tax after processing policy withdrawal of Supplementary Elderly Insurance for individuals by companies, the reply is as follows: when companies purchase insurances like Commercial Supplementary Elderly Insurance for individual employees, the related amount should be treated as "salary income" and subject to IIT. If the policy is withdrawn for whatever reasons and employees have not received actual income, the paid IIT shall be refundable.

About income gained by offering personal guarantee to corporations or other individuals, the income is subject to IIT and individuals should report it as "other income". These corporations or individuals shall be responsible for withholding and paying the IIT for the guarantors.

關於單位為個人辦理補充養老保險退保後個人所得稅及企業所得稅的處理問題。單位為職工個人購買商業性補充養老保險等，在辦理投保手續時應作為個人所得稅的「工資、薪金所得」項目，按稅法規定繳納個人所得稅；因各種原因退保，個人未取得實際收入的，已繳納的個人所得稅應予以退回。

關於個人提供擔保取得收入征收個人所得稅問題。個人為單位或他人提供擔保獲得報酬，應按照個人所得稅法規定的「其他所得」項目繳納個人所得稅，稅款由支付所得的單位或個人代扣代繳。