(Supplementary old-age insurance premium and supplementary medical insurance premium) The scope and standards stipulated by the competent department of finance and taxation of the State Council.
The Ministry of Finance and State Taxation Administration of The People's Republic of China stipulate that the part of supplementary endowment insurance established by some enterprises with good economic benefits for employees, the part of which the payment is less than 4% of the total wages, and the part of supplementary medical insurance established by enterprises for employees, which is less than 4% of the total wages, are allowed to be deducted in full before paying enterprise income tax.