General insurers like those who make up their underwriting losses with large incomes from investments, may now find it difficult to show net profits, as realised investment income will now be taxed at a gross rate 32.2%.
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General insurers like those who make up their underwriting losses with large incomes from investments, may now find it difficult to show net profits, as realised investment income will now be taxed at a gross rate 32.2%.
More...