Insurance premium tax (assurantiebelasting) is a tax on general insurance premiums. You pay this tax if you take out insurance in the Netherlands. If the insurance company or intermediary charges additional costs for services rendered that relate to the insurance, these costs are taxed as well. Generally it is the insurance company that transfers the payment for any tax due to the Dutch Tax and Customs Administration.
There are a number of exemptions from insurance premium tax, including:
- life insurance
- accident, invalidity and occupational disability insurance
- health and medical expenses insurance
- unemployment insurance
- transport insurance