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Liiba selects worldwide insurance tax calculation tool for brokers

The Lloyd's building

The London and International Insurance Brokers’ Association is teaming up with a leading service company to help its members calculate tax payable on insurance policies around the world on a territory-by-territory basis.

The association has selected TMF IPT Quote as its preferred tool for dealing with how to ensure compliance with premium tax laws on an international basis.

Liiba said that the amount of Insurance

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