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INSURANCE TAX 6(&7,21ANNUAL FEES AND RETALIATION REPORT for a FOREIGN/ALIEN Please use the Online Premium Taxes for Insurance System FRATERNAL BENEFIT SOCIETY (HTTP:/www.optins.org) to file all required
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Premium taxes and fees are additional costs that insurers charge policyholders to cover administrative expenses, government taxes, and other fees.
Insurance companies and policyholders are usually required to file premium taxes and fees.
Premium taxes and fees can be filled out using the forms provided by the insurance company or by following instructions from the insurance regulator.
The purpose of premium taxes and fees is to help fund government programs, regulatory agencies, and cover administrative costs.
Policy information, premium amount, applicable taxes, and other relevant details must be reported on premium taxes and fees.
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