Global Insurance Regulatory and Premium Tax Update – September 2013

The Global Insurance Regulatory and Premium Tax Update provides a summary of the latest insurance regulation and premium-related developments affecting insurance contracts procured by a multinational group.

This update covers:

• Australia – Australian capital territory: Stamp duty
• Australia – Queensland.
• Colombia – Non-admitted insurance.
• Colombia – Non-admitted insurance premium tax.
• France – Motor: FGAO protection levy.
• Italy – Payment of premium taxes.
• Panama – Premium tax.
• Tanzania – Oil and gas businesses.
• Uganda – Fronting arrangements and retentions.
• United States – Foreign Account Tax Compliance (FATCA).