Common use of Treatment for Tax Purposes Clause in Contracts

Treatment for Tax Purposes. The group life insurance premium is covered by the provisions of Part II of the Danish Taxation of Pensions Act. Form of taxation: “Tax code 5 – Life insurance without right of deduction”.

Treatment for Tax Purposes. The group life insurance premium is covered by the provisions of Part II of the Danish Taxation of Pensions Act. Form of taxation: “Tax code 5 – Life insurance without o–fLitfaexaitnisounr:an“cTeaxwictohdoeut5 right of deduction”.d