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DECLARATION OF GROSS PREMIUM INSURANCE ESTIMATED TAX VOUCHER INSTRUCTIONS 1. Every insurance company liable for the gross premium tax shall file a declaration of its estimated tax for the calendar
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What is declaration of gross premium?
The declaration of gross premium is a report that insurance companies must submit to the regulatory authorities, detailing the total amount of premiums collected within a specific period.
Who is required to file declaration of gross premium?
Insurance companies are required to file the declaration of gross premium.
How to fill out declaration of gross premium?
Insurance companies can fill out the declaration of gross premium form provided by the regulatory authorities, ensuring all premiums collected are accurately reported.
What is the purpose of declaration of gross premium?
The purpose of the declaration of gross premium is to provide transparency and accountability in the insurance industry, allowing regulators to monitor the financial performance of insurance companies.
What information must be reported on declaration of gross premium?
Information such as the total amount of premiums collected, breakdown of premiums by type of insurance, and any adjustments or deductions must be reported on the declaration of gross premium.
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