GRM Tax & Compliance
-
TMF Group update on IPT rate changes globally
TMF Group has highlighted a number of insurance premium tax (IPT) rate changes from around the globe, together with other…
-
Brokers and buyers welcome IUA’s new model FINC clause
The International Underwriting Association’s (IUA) new model financial interest cover (FINC) clause has been welcomed as a major step forward…
-
IRS targets Puerto Rican captive insurance arrangements
Certain captive arrangements have again appeared on the US Internal Revenue Service’s (IRS) Dirty Dozen list for 2022, which includes…
-
Insurance premium tax updates and deadlines from TMF Group
TMF Group has provided the latest insurance premium tax (IPT) updates and alerts from around the globe, together with upcoming…
-
BIBA calls for premium tax cut and develops guide to reduce underinsurance
The British Insurance Brokers’ Association (BIBA) has called for a reduction in insurance premium tax (IPT) and launched new guidance…
-
Guide to European indirect taxation on insurance contracts from Insurance Europe
Insurance Europe has published its latest guide to taxes on insurance contracts and premiums in Europe. Indirect taxation on insurance…
-
US Internal Revenue Service could improve offshore insurance investigations, says GAO
The US Internal Revenue Service (IRS) could improve its reviews of offshore insurance audits and investigations, and in particular better…
-
GFIA calls for clarification and simplification of OECD’s GloBE tax rules
The Global Federation of Insurance Associations (GFIA) has highlighted a number of areas in the Organisation for Economic Co-operation and…
-
New global head of tax at WTW
Mike McKinley has been appointed as WTW’s new global head of tax. The broker said it is the latest in…
-
Captive sector growing but tax and regulatory threats remain, says CICA president
The captive industry is booming with record numbers but there is still an ongoing threat from regulators and tax authorities,…
-
Tax changes affecting global programmes highlighted by Impendulo
Insurance premium tax specialist Impendulo has reported two new tax changes impacting global insurance programmes. Denmark: Occupational accident insurance subject…
-
Insurance premium tax changes for 2022 – Impendulo
Insurance premium tax (IPT) compliance firm Impendulo has highlighted some tax changes potentially affecting global insurance programmes for 2022, in…
-
Bermuda carriers to see profitability eroded by OECD reform
The ending of Bermuda’s longstanding tax advantage over onshore re/insurance hubs will erode its re/insurers’ competitive position over time, according…
-
Ireland joins OECD international tax agreement
Bowing to international pressure, Ireland is joining the international agreement to reform tax rules. It means that a minimum effective…
-
IPT compliance guide from Sovos highlights changing regulatory landscape
An insurance premium tax (IPT) guide for insurers has been launched by tax compliance firm Sovos. It focuses on IPT…
-
Exclusive: German multinationals still face double insurance tax says Finance Ministry clarification
German multinationals with insured risks outside of the European Economic Area (EEA) will still face double taxation in non-EEA territories…
-
Aon expands global tax insurance team with senior European appointments
Aon has boosted its global tax insurance team with the appointment of Christophe Bonneville, Cristina Chaparro and Joyce Koch in…