- Swedish Tax Agency updated guidance on VAT exemption for insurance claim settlement services
- Concept of “services ancillary to insurance transactions” is broad and includes various services
- Claims settlement services are essential element of insurance transactions
- Settlement of claims not covered by exemption if unrelated to solicitation of potential customers
- Back-office activities like seeking customers and connecting them with insurer not considered essential characteristics of insurance agent’s activity
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
