Insurance tax: identify risks, use opportunities

Wednesday, January 20, 2016 Veröffentlichungen

Article by Prof. Dr. Bodo Herold and Dr. Mark Wilhelm in Versicherungspraxis 01/2016 

Companies, as policy holders, are liable to insurance tax. It is difficult for multinational corporate groups with a high number of operating sites and employees to gain an overview about for which shares of the insurance premium insurance tax has to be paid and where.

The risks of wrong tax payments are severe. Usually, the insurance company takes care of the payment of insurance taxes on behalf of the policy holder. It may though have consequences in terms of criminal tax law to rely on the insurance company’s correct conduct. Furthermore, companies make insufficient use of their saving potentials resulting from correct payments of insurance taxes.


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