Time is running out to influence VAT exemption debate
A European tax expert has issued a stark warning to insurers stating that they have just 12 months to influence the debate surrounding the EU Commission’s tax review, which could spell the end to a long-held VAT exemption.
Discussions on the review, which threatens the VAT treatment of claims-related services, have been progressing for the past seven years, but general insurers have now been advised to follow the
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