New product to help insurers calculate and file premium taxes

FiscalReps has launched taxbox™, a new online software application that large and small insurers and captive managers can use to manage premium tax compliance.

The announcement came at AIRMIC’s annual conference at the Edinburgh International Conference Centre.

Given the number and variety of national premium tax regimes across the EU, FiscalReps services its clients by calculating, filing and paying premium taxes on their behalf, and provides documented proof that compliance has been achieved.

FiscalReps’ taxbox takes insurance premium data and calculates and generates the appropriate tax returns, ready for signature and filing.