EU throws VAT curveball at reinsurers
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EU throws VAT curveball at reinsurers

26 October 2009
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In a reversal of normal industry practice, the European Court of Justice (ECJ) ruled last week (22 October) that value-added tax (VAT) is now liable on the cross-border sale of portfolios of reinsurance business, potentially increasing costs for (re)insurers,...

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Topics

News Regulation October 2009/4
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