Chapter I General Provisions
These Rules are drawn up in accordance with Article 77 of the Labor Insurance Act (hereinafter referred to as the Act).
Pursuant to Article 3 of the Act, the following shall have tax exemption status:
1. Bills and receipts generated by the insurer, the Bureau of Labor Funds and the insured units from labor insurance transactions shall be exempt from stamp duty.
2. Insurance premiums, late fees, income from compulsory enforcement, income generated from the management of funds, and miscellaneous income received by the insurer and the Bureau of Labor Funds in providing labor insurance shall be exempt from business tax and income tax.
3. Buildings and land, medical supplies and equipment, emergency response vehicles used by the insurer and the Bureau of Labor Funds for providing labor insurance, and insurance payments received by the insured, the beneficiaries or the person who pays for the funeral expenses shall be exempt from taxation in accordance with the existing tax law.
The calculation of the duration of the insurance coverage period, unless specified elsewhere in the Act, shall be in accordance with the Administrative Procedure Act. If it is not regulated in the Administrative Procedure Act, then it shall follow the Civil Code. The ages of the insured persons and their dependents shall be calculated according to information contained in the household registry.