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2012 Form 63-23P Premium Excise Return for Insurance Companies For calendar year 2012 or taxable year beginning Massachusetts Department of Revenue 2012 and ending Name of company Federal Identification
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What is massachusetts premium excise return?
Massachusetts premium excise return is a tax return that must be filed by certain insurance companies operating in Massachusetts. It reports the premiums collected by the insurance company during the tax year.
Who is required to file massachusetts premium excise return?
Insurance companies that are engaged in the business of insurance and operate in Massachusetts are required to file the Massachusetts premium excise return.
How to fill out massachusetts premium excise return?
To fill out the Massachusetts premium excise return, insurance companies need to provide information such as their company name, address, federal employer identification number, and details of premiums collected during the tax year. They should also include any necessary schedules or attachments.
What is the purpose of massachusetts premium excise return?
The purpose of the Massachusetts premium excise return is to calculate and report the tax liability of insurance companies based on the premiums collected during the tax year. It helps the state monitor and collect taxes from insurance companies operating within Massachusetts.
What information must be reported on massachusetts premium excise return?
Insurance companies must report the premiums collected during the tax year, broken down by type of insurance. They may also need to report any credits or deductions they are eligible for. Additional information and schedules may be required depending on the specific circumstances of the insurance company.
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