In some countries, Insurance Premium Taxes are imposed on the cost of Life, Accidental Death & Dismemberment, or Permanent Disability insurances. This means that as a company, you may be responsible for paying taxes on the life insurance plans you decide to provide. Learn more about these taxes and where they below:
Life | AD&D |
Permanent Disability
|
|
Austria | 4% | 4% | 4% |
Belgium | 4.40% | 9.25% | 9.25% |
Bulgaria | 0% | 2% | 2% |
Cyprus | €18 | €2 | €2 |
Denmark | 0% | 1.10% | 1.10% |
France | 0% | 0% | 0% |
Germany | Exempt | 19% | 19% |
Greece | 4% | 15% | 15% |
Italy | 0% | 2.50% | 2.50% |
Luxembourg | Exempt | 4% | Exempt |
Malta | 10% | 11% | 11% |
Portugal | 2.50% | 7.50% | 7.50% |
Spain | 0% | 8.15% | 8.15% |
Slovakia | Exempt | 8% | 8% |
United Kingdom (UK) | Exempt | 12% | 12% |
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