What are the VAT rates for insurance and reinsurance?
| Type of supply | VAT rate |
|---|---|
| Insurance and reinsurance (including health, motor, property, etc) | 5% |
| Life insurance and life reinsurance | Exempt |
| Type of supply | VAT rate |
|---|---|
| Insurance and reinsurance (including health, motor, property, etc) | 5% |
| Life insurance and life reinsurance | Exempt |