Commentary

IPT00001 Chubb Insurance Company of Europe SA v C & E Comrs (1999) unreported

Part V18 Insurance Premium Tax

IPT00001 Chubb Insurance Company of Europe SA v C & E Comrs (1999) unreported

IPT00001 Chubb Insurance Company of Europe SA v C & E Comrs (1999) unreported

IPT - agent entitled to keep excess over minimum premium - whether agent's commission liable to IPT or whether agent is remunerated under separate contract with policyholder

The company acted as agent of an insurer providing insurance contracts through sub-agents to the final customers. It was agreed that the contract was a taxable insurance contract. The sub-agents (being travel agents and tour operators) received, from the final customers, a sum higher than that passed back to the appellant. The appellant argued that the additional amount related to

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