Quarterly Insurance Tax Payments
Under the Insurance Premiums Tax Act, every insurance company is required to pay quarterly insurance premium taxes. Tax rate is 3% on gross life, accident and sickness premiums, and 4% on gross premiums other than life, accident and sickness premiums. Payments are due within sixty days of the end of each quarter.
Quarterly Tax Forms
Quarterly Insurance Premium Tax Form (pdf) – March
Quarterly Insurance Premium Tax Form (pdf) – June
Quarterly Insurance Premium Tax Form (pdf)– September
Annual Insurance Premium Tax Form (pdf)