Life fund portfolio investment entities (PIEs) are a part of a life insurer that holds investments. The benefits from the policies are directly linked to the value of the investments.
Other parts of the life insurer’s income are not part of the PIE.
For the investment part, the life fund PIE must meet the PIE eligibility requirements.
Eligibility to be a portfolio investment entity
Paying tax
Life fund PIEs that file income tax returns every year will pay tax at their basic income tax rate.
If a life fund PIE becomes a multi-rate PIE, it will follow multi-rate PIE tax responsibilities and pay tax based on its investors' prescribed investor rates.
Last updated:
14 Mar 2025