Other financial service activities, except insurance and pension funding n.e.c.

- other financial service activities primarily concerned with distributing funds other than by making loans: . factoring activities . writing of swaps, options and other hedging arrangements . activities of viatical settlement companies - own-account investment activities, such as by venture capital companies, investment clubs etc.

Name
Other financial service activities, except insurance and pension funding n.e.c.
Sector
K - Financial and insurance activities

Lump-sum tax

Usually not eligible

Usually not eligible for lump-sum taxation: financial intermediation is an excluded area.

Usually includes

  • other financial service activities primarily concerned with distributing funds other than by making loans:; factoring activities; writing of swaps, options and other hedging arrangements; activities of viatical settlement companies
  • own-account investment activities, such as by venture capital companies, investment clubs etc.

Usually excludes

  • financial leasing, see 64.91
  • security dealing on behalf of others, see 66.12
  • trade, leasing and rental of real estate property, see division 68
  • bill collection without debt buying up, see 82.91
  • grant-giving activities by membership organisations, see 94.99

Source: the official APR activity classification.