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How to use or fill out Licensed insurance taxes - Province of British Columbia with our platform
- Click ‘Get Form’ to open the Licensed insurance taxes - Province of British Columbia in the editor.
- Begin by checking the appropriate boxes at the top of the form, indicating if this is an Amended Return or a No Activity Return.
- Fill in your Insurance Company Name and NAIC Number. Ensure you provide your Minnesota Tax ID if applicable.
- In Section A, enter the Total Direct Premiums and Dividends. Calculate Net Direct Premiums by subtracting Dividends from Total Direct Premiums.
- Proceed to list all fire premiums under the specified lines, including allied lines, multi-peril premiums, and any other relevant categories as instructed.
- Complete the calculations for Taxable fire premiums and apply the percentage rate for fire in your state/country of incorporation.
- Finally, calculate your Fire insurance tax liability and ensure to attach this form when filing your Form M11.
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