Members of the KPMG Insurance Tax Team and Nick Morrell Oxford Actuaries and Consultants discuss the five strands of the Life Tax Technical Consultative Document
The Apportionment Rules
Hugh von Bergen Tax Partner from KPMG in the UK looks at the need for apportionments and the options for change
In his introductory article Philip Lewis explained the need for an apportionment methodology to split the income and gains derived from a single pool of assets within a long-term insurance fund between the different categories of business.
The current apportionment framework was introduced in the Finance Act 1990 following the 1988 consultation on life tax. Until that...
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Members of the KPMG Insurance Tax Team and Nick Morrell Oxford Actuaries and Consultants discuss the five strands of the Life Tax Technical Consultative Document
The Apportionment Rules
Hugh von Bergen Tax Partner from KPMG in the UK looks at the need for apportionments and the options for change
In his introductory article Philip Lewis explained the need for an apportionment methodology to split the income and gains derived from a single pool of assets within a long-term insurance fund between the different categories of business.
The current apportionment framework was introduced in the Finance Act 1990 following the 1988 consultation on life tax. Until that...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
