“Ministry of Finance, State Administration of Taxation” bout injured workers to obtain work injury insurance benefits on personal income tax policy notice Cai Shui [ 2012 ] No.40, it provides that: Provinces, autonomous regions, municipalities, separately listed cities (bureaus) and local taxation, the Finance Bureau of Xinjiang Production and Construction Corps :-
To implement the "Work Injury Insurance Regulations" (State Council Decree No. 586) , it shall according to the Personal Income Tax Law Article, "The Financial Department of the State Council Approved Tax-exempted Income", it requires, on injured workers can obtain work injury insurance benefits of personal income tax policy notice as follows:-
- For injured workers and their close relatives, in accordance with the "Work Injury Insurance Regulations" (State Council Decree No. 586), it provides that if the injury insurance benefits are obtained, it is exempted from personal income tax.
- According to the 1st clause of this notice, the alleged injury insurance benefits, it includes injured workers that in accordance with the "Work Injury Insurance Regulations " ( State Council Decree No. 586 ), it is required to obtain a one-time disability benefits, disability benefits, one-time injury medical subsidy, one-time disability employment subsidy, injury medical treatment, hospital food subsidies, foreign medical transportation accommodation expenses, injury rehabilitation expenses, aids cost, life care as well as workers who died, his close relatives base on the "Industrial Insurance Regulations" ( State Council Decree No. 586 ) which provides grants that made funeral, dependent relatives pensions and other one-time death benefit workers.
- According to this notice, with effect from 1 January 2011, upon the taxes imposed by the taxpayer to the tax authorities for application, the relevant tax authorities shall in accordance with the relevant provisions to be refunded.
Ministry of Finance, State Administration of Taxation
3 May 2012