Blog: The complexities of IPT determination
The insurance industry is navigating a period of economic instability and is still unsure what long-term effects the pandemic will have on direct and indirect taxes. Despite this lack of current clarity, it is sensible to plan for all eventualities, suggests James Buckley, Sovos managing director – Europe.
More so than ever, insurers are exploring ways to streamline processes, improve efficiency, strengthen the bottom line and prevent costly errors that could affect their reputation with tax authorities
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