Captive Insurance Premium Tax

Overview

The Captive Insurance Premium Tax is paid by captive insurance companies licensed by the Department of Financial Regulation. The tax is computed annually on premiums collected.

How to File

Mandate for Electronic Filing of Returns
Filing online through the Vermont Department of Taxes online system, myVTax, has been mandated by the Commissioner of Taxes. See the myVTax resource center for information about our online filing system. Register, file your return, and pay taxes due at myVTax. If you have any questions, contact our Insurance Premium Tax and Captive Insurance Premium Tax examiner at (802)828-6838.

Forms

No. Instructions Title
CPT-635

File Using myVTax

Instructions Vermont Captive Insurance Tax Return

Filing Deadlines

Captive Insurance Premium Tax is filed and paid annually. The return and tax are due by March 15. There are no estimated payments due.

Print Due Dates

 
Tax Period Ending Due Date
12/31/2019 3/16/2020

LAWS, REGULATIONS AND GUIDANCE
8 V.S.A. § 6014 Tax on premiums collected