Also called Insurance Premium Tax
| Filing frequency: | Annual return and 4th quarter payment Must be filed electronically through Taxpayer Access Point |
|---|---|
| Filing due: | March 31st |
| Payment due: | Last day of April, July, and October for quarterly estimated prepayments |
| Forms: | Must be filed electronically through Taxpayer Access Point |
| Statutes: | §31A-3 and §59-9 |
| Information: | 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. |
Taxpayer Access Point (TAP) will be upgraded Friday, December 11 at 5:00pm through Monday, December 14 at 7:00am. TAP will be unavailable during this time.