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Captive Insurance Premium Tax

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

Requirement to File Returns Electronically

Filing online through the Vermont Department of Taxes online system, myVTax, is required. Register, file your return, and pay taxes due through myVTax. If you have any questions, contact our Insurance Premium Tax and Captive Insurance Premium Tax Examiner at (802) 828-6851.

Captive Insurance Premium Tax Forms and Guidance

Tax Forms and Instructions

Form Number Instructions Title Revised
CPT-635 - File in myVTax Instructions Vermont Captive Insurance Tax Return 2022

Fact Sheets and Guidance

Title Revised Number
Vermont Department of Taxes ACH Credit Payment Guide 2024 GB-1104

Filing Due Dates

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

Tax Period Ending Due Date
12/31/2024 3/17/2025
12/31/2025 3/16/2026

Laws, Rules, and Regulations

Title Section
Tax on premiums collected 8 V.S.A. § 6014