For Insurance Premium Tax, location of risk is vital in determining the correct tax.
In this episode of the Sovos Expert Series, Anita Blanusic asks Russell Brown, Senior Consulting Manager to explain the location of risk for goods in transit and how it’s determined.
Listen as he answers the following questions:
- What is goods in transit insurance?
- How is location of risk for goods in transit determined in the European Economic Area (EEA)?
- How does storage insurance affect goods in transit location of risk?
For more information on location of risk rules, contact Sovos to speak to one of our IPT experts.