The purchase of insurance for other entities is subject to VAT

Purchasing insurance services on your own behalf, but on the account of subsidiaries, is an activity subject to VAT. In such a situation, the taxpayer does not provide the service, but participates in its provision – ruled the Provincial Administrative Court in Gdańsk. It was a parent company in a group that concluded insurance contracts for itself and its subsidiaries.

Source Gazeta Prawna

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