FiscalReps launches premium tax database and software

FiscalReps has launched TAXBOX2, a global premium tax database and software aimed at multinational insurance companies and anyone working with international insurance programmes.

TAXBOX2 simplifies the preparation of premium tax and parafiscal returns by allowing users to investigate and calculate premium tax liabilities, prepare and generate tax returns and make payments, said FiscalReps, and users are alerted to changes to the data as changes in regulations dictate and data is cross referenced to tax legislation.

FiscalReps’ Mike Stalley said: “Building a comprehensive global premium tax database for the insurance industry has been an ambition of FiscalReps for many years. TAXBOX2 has at its core a global premium tax database which provides detailed information on taxes applicable to insurance premiums for multi-national insurance programmes.”