
Treatment of Natural Catastrophe Insurance in Iceland
Iceland holds a unique and critical position regarding natural catastrophes due to its extraordinary geography and climate. Situated on the Mid-Atlantic Ridge, the country is

Iceland holds a unique and critical position regarding natural catastrophes due to its extraordinary geography and climate. Situated on the Mid-Atlantic Ridge, the country is

In a previous blog, we provided an overview of the current and proposed natural disaster-related measurements in some European countries and Australia. In this blog,

In Italy, the insurance premium tax (IPT) code (which is being revised as of the date of this blog’s publication) and various other laws and

Italy: IPT Treatment on Used Vehicle Warranty Services On 21 May 2024, the Italian tax authority published a ruling (No. 110/2024) on the IPT treatment

Climate related events impact all industries; the insurance industry is no exception. Here’s how it’s affecting Insurance Premium Tax.

Regarding calculating Insurance Premium Tax (IPT), Hungary is the only country in the EU where the regime uses the so-called sliding scale rate model.

When considering motor insurance, it’s worth remembering that everything is high – from tax rates to the amount of administration required. This blog includes general

Norway has an indirect tax that applies to elements of coverage under a motor insurance policy. This blog details everything you need to know about

Liechtenstein is one of many countries with Insurance Premium Tax (IPT) requirements, specifically the Swiss Stamp Duty and Liechtenstein Insurance Levy. This blog provides an

Monaco is one of many countries with Insurance Premium Tax (IPT) requirements, specifically the Special Annual Tax and Fire Brigade Tax. This blog provides an

There is a wide variety of indirect taxes and parafiscal charges that apply to the different elements of coverage that can be included under a

Much of the discussion on the Location of Risk triggering a country’s entitlement to levy insurance premium tax (IPT) and parafiscal charges focuses on the

Drone usage has increased significantly in recent decades, far beyond their initial use in the military. They can be expensive themselves and, equally, can also

Following the publication of various circulars by the Federal Ministry of Finance in Germany in 2021, rules on the taxation of guarantee commitments were made

Insurance Premium Tax in Germany is complex. From IPT rates to law changes, this quick guide will help you navigate the challenges of IPT in

Problems encountered with Fire Brigade Tax rate increase in Slovenia Slovenia’s Fire Brigade Tax (FBT) has changed. The rate increased from 5% to 9%. This

What is the current situation for insurance for businesses? Until the Covid-19 pandemic in March 2020, the view was that businesses provide insurance such as

Meet the Expert is our series of blogs where we share more about the team behind our innovative software and insurance premium tax (IPT) compliance services.