Insurance taxes

Under the Insurance Premiums Tax Act, every insurance company is required to pay quarterly insurance premium taxes.

Under the Insurance Premiums Tax Act, every insurance company is required to pay quarterly insurance premium taxes. The tax rate is 3% on gross life, accident and sickness premiums. The tax rate is 4% on gross premiums other than life, accident and sickness premiums. Payments are due within 60 days of the end of each quarter.

Quarterly tax forms

Other tax forms