Tax Commission
Admitted Insurer Tax
Also called Insurance Premium Tax
Businesses authorized to underwrite Utah insurance policies on properties or risks pay this instead of income taxes. The tax is based on the gross receipts of premiums the insurance provider charges. Tax rates depend on the type of policy. Quarterly estimated prepayments are required if the prior year’s tax was $10,000 or more.
You can apply for this tax account on our Taxpayer Access Point
For details on how to file, please review the filing instructions.
Filing and Payment Frequency
Filing frequency: Annual
Filing due: March 31
Payment frequency:
Annual if prior year’s taxes were less than $10,000
Quarterly prepayments if taxes were more than $10,000
Payment due:
Annual: Annual payment due with return on or before March 31st
Quarterly: April, July, October, and final payment due with return on or before March 31st
Forms and Publications
Statues and Rules
Revenue
Goes to state general fund
The following information is for software developers designing systems for insurance premium tax.