Recent updates to the General Insurance Manual
Below are details of the amendments that were published on 16 January 2009 (see the update index for all updates)
| Section | Details of update |
| GIM10010 | Revised text about accounting requirements for non-UK companies |
| GIM10020 | Revised text about regulatory background: general |
| GIM10030 | Revised text about regulatory background: EEA insurers: ‘EEA firms’ with a branch or providing services in the UK: passport rights |
| GIM10040 | Revised text about regulatory background: EEA insurers: ‘Treaty firms’ with a branch or providing services in the UK: individual Treaty rights |
| GIM10050 | Revised text about regulatory background: EEA insurers: meaning of ‘branch’ and ‘provision of services’ |
| GIM10060 | Revised text about regulatory background: EEA insurers: further guidance on meaning of ‘branch’ and ‘provision of services’ |
| GIM10070 | Revised text about regulatory background: EEA insurers: FSA requirements on ‘branches’, ‘provision of services’ and ‘Treaty firms’ |
| GIM10080 | Revised text about regulatory background: EEA insurers: no assets or regulatory returns required in UK |
| GIM10090 | Revised text about regulatory background: non-EEA insurers: general |
| GIM10100 | Revised text about regulatory background: non-EEA insurers: FSA returns |
| GIM10110 | Revised text about scope of UK taxing rights: background |
| GIM10115 | New paragraph about scope of UK taxing rights: double taxation treaties |
| GIM10120 | New paragraph about scope of UK taxing rights: section 11 ICTA and OECD Model Treaty: introduction |
| GIM10121 | New paragraph about scope of UK taxing rights: section 11 ICTA and OECD Model Treaty: permanent establishment |
| GIM10122 | New paragraph about scope of UK taxing rights: the corporation tax charge: accounting periods beginning on or after 1 January 2003: charge on profits |
| GIM10123 | New paragraph about scope of UK taxing rights: the corporation tax charge: accounting periods beginning on or after 1 January 2003: ‘independent enterprise’ |
| GIM10124 | New paragraph about scope of UK taxing rights: the corporation tax charge: accounting periods beginning on or after 1 January 2003: ‘free assets’ |
| GIM10130 | Revised text about scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: application to insurers |
| GIM10140 | Revised text about scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: attribution of the investment return |
| GIM10150 | Revised text about Scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: attribution of the investment return: regulatory guidance |
| GIM10160 | Revised text about scope of UK taxing rights: : attribution of the investment return: significance of solvency margin |
| GIM10170 | Revised text about scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: attribution of the investment return: OECD Commentary |
| GIM10180 | Revised text about scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: attribution of the investment return: traditional Methods 1 and 2 |
| GIM10190 | Revised text about scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: attribution of the investment return: treatment of interest |
| GIM10200 | Revised text about scope of UK taxing rights: : section 11 ICTA & Article 7 OECD Model: attribution of the investment return: mutual agreement procedure |
| GIM10210 | Revised text about scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: OECD Report on the Attribution of Profits: background |
| GIM10220 | Revised text about scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: OECD Report on the Attribution of Profits: Step 1 – determining the activities and conditions of the hypothetical distinct and separate enterprise: the key entrepreneurial risk taking function |
| GIM10221 | New paragraph about scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: OECD Report on the Attribution of Profits: Step 1 – determining the activities and conditions of the hypothetical distinct and separate enterprise: attribution of assets |
| GIM10225 | New paragraph about scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: OECD Report on the Attribution of Profits: Step 1 – determining the activities and conditions of the hypothetical distinct and separate enterprise: investment yield |
| GIM10230 | Revised text about scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: OECD Report on the Attribution of Profits: Step 2: determining the profits of the hypothetical distinct and separate enterprise |
| GIM10231 | New paragraph about scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: OECD Report on the Attribution of Profits: internal and external reinsurance |
| GIM10235 | New paragraph about scope of UK taxing rights: section 11 ICTA & Article 7 OECD Model: OECD Report on the Attribution of Profits: Model Article 7(4) – apportionment methods: Model Article 7(7) – interaction with other Articles |
| GIM10240 | Revised text about other taxation issues: taxation of non-residents generally |
| GIM10250 | Revised text about other taxation issues: FOTRA securities and War Loan |
| GIM10260 | Revised text about other taxation issues: loan relationships and derivative contracts |
