Insurance Premium Tax Information

Notice: The information included on this web site is to be used only as a guide in the preparation of North Carolina tax returns. It is not intended to cover all provisions of the law or every taxpayer's specific circumstances. For answers to questions related to gross premium tax filings, call toll-free at 1-877-308-9103, option 6, or (919) 715-0869.

North Carolina levies several types of insurance premium tax upon insurers, both domestic and foreign, for the privilege of engaging in the business of providing insurance in this State. Foreign insurers are subject to retaliatory tax provisions.

Insurers that pay gross premium tax are not subject to franchise or income taxes imposed by Articles 3 and 4, respectively, of Chapter 105 of the General Statutes.

Filing Requirements

	Who Should File
	Types Of Tax and Charges
	Tax Basis
	Tax Rates and Charges
	Retaliatory Provisions
	Return and Due Dates
	Installment Payments
	Electronic Funds Transfer (EFT)
	Filing Exemptions
	Penalties

General Information

	Tax Credits
	Insurance Tax Administered by the Department of Insurance
	No Additional Local Taxes

Last modified on: 02/04/08 10:13:33 AM.