The scope of the law
section 1 of the tax shall be paid to the State under this Act on premium
for motor insurance relating to a risk situated within the country as well as on
motor insurance charge.
Definitions
2 for the purposes of this Act, section
motor insurance: insurance under the traffic damage Act
(1975:1410)
motor insurance charge: such fee as may be imposed under
34 § traffic damage Act,
risk in the country: a risk situated in Sweden according to Chapter 1.
section 17 of the insurance business Act (2010:2043) or Chapter 1. 7 §
Act (1998:293) on foreign insurers and
supplementary pension funds in Sweden. Law (2011:77).
Tax liability
3 § Taxable for tax on premiums for motor insurance is
insurers to notify third party liability under
traffic damage Act (1975:1410).
A foreign insurers that do not conduct their
activities in this country from a secondary establishment in accordance with the
Act (1998:293) on foreign insurers and
supplementary pension funds in Sweden, shall appoint a
tax representative to represent the insurer on
as shown in Chapter 5. paragraph 4 of the law on tax procedure
(2011:1244).
Tax representative shall be resident in Sweden or be a
Swedish legal entity. Law (2011:1421).
4 § Taxable for tax on motor insurance charge is the
which, according to the traffic damage Act (1975:1410) has the right to withdraw
such a fee.
Taxable amount and chargeable event
§ 5 the basis for taxation of motor insurance premium
consists of the earned premium for motor insurance for a
calendar month.
The chargeable event shall occur at the end of the calendar month
for which premium has been earned.
section 6 With an earned premium is meant in paragraph 5 of the premium income before ceded
reinsurance with addition or deduction of change in
provision for unearned premiums.
The earned premium shall not be affected by the change in
provision for unexpired risks.
The earned premium shall not be adjusted for the transferor's
resolution of the respective acquirer's provision for non-
earned premium resulting from a transfer of a
insurance stocks.
section 7 With premium income before ceded reinsurance refers to the
total gross premium for motor insurance as paid or
can tillgodoföras company for insurance contracts where
insurance period commenced before the calendar month's output. As
premium income also includes premiums for insurance periods
start only after the calendar month's output, if the
Agreement shall be due and payable during a calendar month.
Renewal premiums that are not confirmed by the policyholder
and premiums for new insurance contracts shall be counted
with the amount expected to be received by.
Cancellations shall reduce the premium income as soon as the amount
is known. Additional premiums shall be credited with the amount that they
expected to be received by.
In premium income does not include taxes and other public
fees charged to the insurance premium.
section 8 Of the gross premium is the premium determined for the entire contract
period of insurance after deducting the usual customer discounts.
Gross premium includes therefore also
a) unannounced premiums can be calculated until later,
b) forward premiums paid Semiannually, quarterly or
monthly, and payments from policyholders for expenses
as an insurance company in connection with the
the contract was signed,
c) 's share of the total premium amount at
co-insurance.
§ 9 the basis for taxation of motor insurance charge
consists of received on motor insurance charge.
The chargeable event shall occur when the motor insurance fee
received.
The size
section 10 of the tax on motor insurance premium represents 32 percent of
the taxable amount.
Tax on motor insurance fee makes up 22 percent of
the taxable amount.
Deduction
section 11 of The that is taxable under paragraph 4 shall deduct
tax on motor insurance charge which is refundable.
Procedure
section 12 of the regulations on the procedure for the withdrawal of the tax see
tax Procedure Act (2011:1244). Law (2011:1421).
Transitional provisions
2007:460
1. this law shall enter into force on 1 July 2007.
2. The Act on motor insurance premium and
motor insurance charge relating to the period after the entry into force.
3. in the calculation of the taxable amount for tax on
motor insurance premium adjustments shall be disregarded by the
premiums attributable to the period before the entry into force.
4. Notwithstanding what is otherwise provided by law or agreement may
It is taxable according to paragraph 3, from policy holders who
contracted insurance prior to its entry into force, to take
out compensation equivalent to the cost of tax under this Act
at premier relating to time after entry into force.
