WEBINAR: Evolving compliance challenges for multinationals – Insurance Premium Taxes
In this webinar, Joseph Finbow, IPT Assurance Director and Karen Jenner, IPT Client Engagement Director looked at some of the key considerations around Insurance Premium Tax for multinational insurance programmes. Aimed at all involved in global insurance placements the webinar covered:
- What is IPT?
- Location of Risk rules and their importance in determining IPT liabilities
- Implications of differing coverage mechanisms in global programmes, including Freedom of Services, Non-Admitted, DIC-DIL covers and Financial Interest Clauses
- Premium Allocation methodology considerations
- Responsibilities for IPT compliance
- Implications of non compliance
Click here to watch the webinar recording.