IPT
IPT: Location of Risk and Territoriality
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
Solution: IPT
IPT
Drone Insurance: IPT Treatment and Location of Risk
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
IPT
IPT: Updates in Europe
The ever-changing Insurance Premium Tax rules and regulations can be challenging to keep up with, so staying on top of the latest developments in IPT
IPT
Germany: The Application of IPT rather than VAT to Guarantee Commitments
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
IPT
IPT: Spotlight on Spain
Sovos’ IPT expert Hector Fernandez takes a deep dive into Spain’s Insurance Compensation Consortium (Consorcio de Compensación de Seguros, or CCS). Hector provides valuable information
IPT
German IPT: An Overview
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
Poland: Changes to financing of the Financial Ombudsman and its office
From 1 January 2023, changes have been made to how the Financial Ombudsman and its office are financed. The Ombudsman Act (2015/1348) was revised by
France: 2023 French Budget doubled the tax rate on agricultural insurance policies
The 2023 French budget (2022-1726 of December 30, 2022) was published on 30th December 2022. Among several changes in the tax legislation, there was a
Norway: Road Traffic Insurance Tax Rate Increase
The Norwegian Tax Authority have released the new tax rates for the Road Traffic Insurance Tax, the increase in the rates will come into effect
Hungary: Government Decree on Insurance Extra Profit Tax Amended Again
The Hungarian government published a new decree (No. 258/2022) on 24 December 2022. It was enforced on 25 December 2022 and modifies the initial government
France: Mandatory IPT Online Submission – Further Delays to 2025
The French Parliament approved the Finance Bill for 2023 (“2023 Bill”) on 17 December 2022. It includes an amendment to Article 166 of Finance law
Spain: New Modelo 480 Published
On the 19 December 2022, the Agencia Estatal de Administración Tributaria (AEAT) published the new Modelo 480 for future submissions, including 2022, in the Spanish
Insurance Premium Tax Guide
Insurance Premium Tax: Your IPT Guide Who should read this IPT Guide? This guide to Insurance Premium Tax (IPT) is for insurers, brokers and anyone
IVASS Management Fee
The Institute for Insurance Supervision (IVASS) in Italy has published the management charge rate for the year 2023. It set the rate for 2023 at
IPT
Fire Brigade Tax in Slovenia
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
IPT
IPT: Regulatory Updates Across Europe
Staying ahead of IPT rules and regulations is a constant challenge, and specialist knowledge is necessary. Ever-changing jurisdictional requirements add to the stress of compliance
IPT
How the Future of Work Could Affect Insurance for Businesses
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
IPT
Meet the Expert – Sean Burton, Senior Compliance Services Representative
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.