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 James Brown, IPT Consultant, to explain the Location of Risk for marine insurance and how it’s determined.
Listen as he answers the following questions:
- What is meant by marine insurance?
- How is Location of Risk of a marine insurance policy determined?
- What are the recent updates in this area?
For more information on location of risk rules, download our free e-book Navigating Location of Risk Rules or contact Sovos to speak to one of our IPT experts.