Clients can provide one bordereaux to their Sovos FiscalReps IPT Manager covering all of their premium tax liabilities across the EEA.
Based on data supplied our IPT compliance services will:
- Validate premium tax data in each country
- Confirm the premium tax due to cover the insurer's premium tax liabilities
- Request funds for the premium tax settlement to be sent to a segregated client account
- Prepare all the necessary premium tax returns
- Submit the returns to meet the local deadlines.