5 May 2015

FiscalReps hosted its first European IPT Forum and IPT Masterclass in Munich last month. The forum initially covered the Life of an IPT Cycle, which examined Location of Risk, Calculation of Premium Taxes, Registration Considerations, Tax Points, Settlement Deadlines, Settlement in Foreign Currencies, Late Submissions and Reporting. We then explored in more detail the location of risk rules from an EU and national perspective, calculating individual European premium taxes, premium allocation in respect of global and European programmes, premium tax compliance, our experience of tax authority audits and what to expect, and premium tax regimes in individual European countries.