Brit confirms tax-cutting move
Brit Insurance has finally taken the decision to redomicile from the UK to the Netherlands, subject ...
Brit Insurance has finally taken the decision to redomicile from the UK to the Netherlands, subject to requisite clearances and approvals.
The announcement comes after months of veiled threats of redomestication from chief executive Dane Douetil over what he has described as the Government's "unhelpful" position over corporation tax. He has also cited Solvency II requirements as an added incentive to relocate outside of the UK.
Mr Douetil said the move would put the insurer on a more even
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk