VAT treatment of license granted by underwriting agent to insurer and insurance mediation services (ECJ C-907/19)

The Court of Justice of the European Union (CJEU) issued a judgment holding that the grant of a license by an underwriting agent to an insurer to use an insurance product is, in itself, subject to value added tax (VAT).

Source KPMG

See also ECJ C-907/19 (Q-GmbH) – Judgment – Intermediation activities for an insurance company are not VAT exempted