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Insurance Premium Tax is a tax on (damage) insurance policies that was introduced in the law in 1970. This tax is levied and paid by the insurer, an authorised agent or insurance intermediary. The tax is calculated on the insurance premium. Insurance Premium Tax is also due on services related to the insurance, such as mediation activities.
On behalf of the Ministry of Finance, we are conducting research on the effectiveness and efficiency of certain exemptions and rate increases of the Insurance Premium Tax.
Want to know more? Contact Jasper Veldman.