Memorandum accounts - Memorandum accounts of consolidated groups - Policyholder debits of consolidated groups
OP 115: Consolidated PCA payment of tax relating to policyholder base
You could also call this:
“Insurance company group tax payment rule for customer-related tax (no longer applies)”
This part of the law used to be about how groups of companies could pay tax related to their insurance customers. However, it no longer applies. The government removed this rule on 1 July 2010. If you need to know about how insurance companies pay tax now, you should look at other parts of the tax law that are still in effect.
