财政部发布关于保险合同准则转换有关企业所得税处理事项的公告

Core Viewpoint - The Ministry of Finance has announced tax treatment matters related to the transition to the Insurance Contract Standard, effective from 2026 for companies adopting the standard in 2025 or earlier [1] Group 1: Tax Treatment Guidelines - Companies that first implement the Insurance Contract Standard in 2025 or earlier must calculate corporate income tax based on this standard starting from 2026 [1] - The cumulative impact of retained earnings resulting from the first implementation of the Insurance Contract Standard will be included in the taxable income for 2026 at the pre-tax amount [1] - Companies have the option to either include the cumulative impact in the taxable income for 2026 or distribute it evenly over five years starting from 2026, with the chosen method being irrevocable [1]