In their communication to the European Union representative for the Republic of Poland, the CEA addresses the question of outsourcing in the light of level playing fields, competitiveness and reinsurance contracts.
They also comment on the VAT exemption for the transfer of insurance and re-insurance contracts.
In their opinion, the explicit exemption of the transfer of insurance and reinsurance contracts is necessary to avoid distortion of competition resulting from the fact that the transfer of portfolios of credit contracts is treated in most Member States as being exempt from VAT.
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© CEA - Comité Européen des Assurances
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