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INHERITANCE TAX AND GIFT TAX ACT
CHAPTER II INHERITANCE TAX BASE AND CALCULATION OF AMOUNT OF TAX
조문단위인쇄
 Article 8 (Insurance Proceeds Deemed Inherited Property)
(1) Insurance proceeds on a life insurance or non-life insurance policy receivable upon the death of the decedent under an insurance contract, the policyholder of which is the decedent shall be deemed to be inherited property.
(2) Where a decedent has practically paid the insurance premium although the decedent is not a policyholder, paragraph (1) applies deeming that the decedent is the policyholder.
[This Article Wholly Amended on Jan. 1, 2010]