Insurance premium tax

Insurance premium tax

Insurance premium tax in other countries

Insurance premium tax in other countries

Due to current legal regulations, the insurance companies which are providing activity in country other than Poland may be obliged to pay insurance premium tax or other payments called parafiscal charge. The obligation to pay this tax depends on the country, where arise the insurance risk.

The subject of unclearness is both the level of insurance premium tax and also the existence of other fees and formalities, which insurer which is conducting business activities in other country then Poland may be obliged to pay. The rate of IPT and also the other fees and formalities are settled in internal rules of appropriate country. In reference to global activity, Tax Insurance helps the entities from insurance sector both with decision about the level of IPT or parafiscal charges and with all formalitie in appropriate country.

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