A group of at least two corporate bodies may account for IPT under a single IPT registration. If a corporate body is treated as a member of a group then1:
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•ÌýÌýÌýÌý any taxable business carried on by a member of the group shall be treated as carried on by the representative member
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•ÌýÌýÌýÌý the representative member shall be regarded as the insurer or as the case may be the taxable intermediary
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•ÌýÌýÌýÌý any receipt by a member of the group of a premium under a taxable insurance contract shall be taken to be a receipt by the representative member, and
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•ÌýÌýÌýÌý all members of the group shall
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Web page updated on 17 Mar 2025 14:34