Sovos Annual Tax Compliance Trends Report
Discover the top 2025 tax trends reshaping compliance. Learn how AI, real-time data, and new mandates are transforming tax into a strategic advantage.
Solution: IPT
Italy: 2025 Management Fee published
On 6 December 2024, the Italian Institute for Insurance Supervision (IVASS) published the management charge rate for the year 2025. The rate has been increased
Hungary: Extra Profit Tax Amendments for 2025
The Hungarian Government issued a new government decree (no 356/2024) on 21st November 2024, which amends the extra profit tax regulations including the rules for
IPT
Mastering IPT Compliance: Key Updates & Strategic Insights for 2024 and Beyond
If you want to stay on the right side of compliance, you need to stay ahead of changes in the Insurance Premium Tax (IPT) landscape.
Denmark: Change of Rates for Guarantee Fund Contributions From 2025
On 10th September 2024, the Danish Guarantee Fund (DGF) issued an order concerning the rate of contributions payable by insurers for 2025. The following non-life
Ireland: Contributions to Motor Insurers Insolvency Compensation Fund (MIICF) Ends From 2025
On 1st of October 2024, the Irish Motor Insurance Bureau (MIBI) announced that in 2025 the contributions payable by the insurance companies to the Motor
IPT
Taxation of Motor Insurance Policies: Italy
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
IPT
Applicability of IPT to Warranty Services
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
Denmark: Guarantee Fund Contribution is Payable for Risks in Greenland
On 29 June 2024, the Danish Guarantee Fund (DGF) issued an order on its website for Greenland about contributions to the Guarantee Fund for non-life
IPT
The Impact of Climate-Related Events on Insurance Premium Tax (IPT)
Climate related events impact all industries; the insurance industry is no exception. Here’s how it’s affecting Insurance Premium Tax.
IPT
Hungary Insurance Premium Tax (IPT): An Overview
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.
Finland: Insurance Premium Tax Rate Change
On 28 June 2024, the Finnish Parliament approved the amendments to the Insurance Premium Tax (IPT) according to the government proposal (HE 61/2024). With the
Belgium: Deadline to Declare IPT on Broker Fees Postponed Again to October 2024
The deadline for declaring the Insurance Premium Tax (“IPT”) on earnings such as commissions received by an intermediary in connection with the provision of insurance
Hungary: IPT rate change
The Hungarian Government recently announced a new Government Decree (No. 52/2024), which alters the existing IPT regulations. The rules outlined in this decree have not
Austria: New IPT Settlement Form Published
The Austrian Tax Office recently released a new report form (Form6) for settlement of Insurance Premium Tax (IPT). This new template complies with both changes
IPT
Taxation of Motor Insurance Policies
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
IPT
Taxation of Motor Insurance Policies: Norway
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
Belgium: Deadline to declare IPT on Broker Fees Set for June 20
The scope of Insurance Premium Tax (“IPT”) has been extended to brokers and intermediaries by the Act from 28 December 2023. As a result, beginning