On Mon, 07 Jul 2003 13:18:17 GMT, Ronald Raygun
<no.spam@localhost.localdomain> wrote:

>Ric wrote:
>
>> My insurance would be cheaper if I British flagged, at least according to
>> a quote I got from Pantanaeius.
>
>How extraordinary.  Mind you, if you want cheaper insurance, you'll
>not want Pantaenius nayway.
>
>> Also, according to them, I would not have
>> to pay VAT on the insurance which I have to with my existing insurance, so
>> there would be some saving.
>
>How extraordinary.  Do the French charge VAT on insurance?



> Does the
>flag of registration constitute place of supply?  Anyway, in the UK
>we have tax on insurance which is a bit like VAT, only different.
>It's called Insurance Premium Tax, and is 5%.

which you don't have to pay if you are not resident in UK.

-- 
martin

>>>>                          ____/|
>>>>	 O               \ o.O|
>>>>	 \\                =(_)=
>>>>     __))____ooO U Ooo
>>>>		```       '''