2
Form 207 Insurance Premiums Tax Return Domestic Companies 1. Gross direct premiums received during the calendar year: See instructions. ................................................. 1 00 2. Dividends paid: See instructions. .................................................................................................................... 2 00 3. Taxable premiums: Subtract Line 2 from Line 1. ............................................................................................. 3 00 4. Tax: Multiply Line 3 by 1.75% (.0175). ............................................................................................................ 4 00 5. Enter amount from Form CT-207K, Part 4, Line 31, Column C. ...................................................................... 5 00 6. Enter your CIGA assessment credit. See instructions. .................................................................................... 6 00 7. Enter your CLHIGA assessment credit. See instructions. ............................................................................... 7 00 8. Add Lines 5, 6, and 7. ...................................................................................................................................... 8 00 9. Net tax: Subtract Line 8 from Line 4. If less than zero, enter zero “0.” ........................................................... 9 00 10. Overpayment applied from prior year .............................................................................................................. 10 00 11. Payments made with estimated tax payment coupons Forms 207 ESA, ESB, ESC, and ESD .................... 11 00 12. Payments made with extension request Form 207/207 HCC EXT ................................................................. 12 00 13. Total prior payments: Add Lines 10, 11, and 12. ............................................................................................. 13 00 14. If Line 13 is greater than Line 9, enter amount overpaid. ................................................................................ 14 00 15. Amount to be: credited to 2012 estimated tax (15a) $ _____________ refunded (15b) $ ______________ 15 00 For faster refund, use Direct Deposit by completing Lines 15c, 15d, and 15e. 15c. Checking Savings 15d. Routing number 15e. Account number 15f. Will this refund go to a bank account outside the U.S.? Yes 16. If Line 9 is greater than Line 13, enter amount owed. ..................................................................................... 16 00 17. If late: penalty (17a) $__________________ plus interest (17b) $ __________________ See instructions. 17 00 18. Interest on underpayment of estimated tax: Attach Form 207I. See instructions. .......................................... 18 00 19. Balance due with this return. Make check payable to Commissioner of Revenue Services. ...................... 19 00 Declaration: I declare under penalty of law that I have examined this return (including any accompanying schedules and statements) and, to the best of my knowledge and belief, it is true, complete, and correct. I understand the penalty for willfully delivering a false return or document to DRS is a fine of not more than $5,000, imprisonment for not more than five years, or both. The declaration of a paid preparer other than the taxpayer is based on all information of which the preparer has any knowledge. Signature of principal officer Title Date Print name of principal officer Telephone number ( ) Paid preparer’s signature Date Preparer’s SSN or PTIN Firm name and address FEIN Sign Here Keep a copy of this return for your records. Visit the Department of Revenue Services (DRS) website at www.ct.gov/TSC to pay electronically. Name of company Connecticut Tax Registration Number Address Number and street PO Box Date received (DRS use only) City or town State ZIP code Federal Employer ID Number (FEIN) Taxpayer Please type or print. Department of Revenue Services State of Connecticut PO Box 2990 Hartford CT 06104-2990 (Rev. 12/11) 2011 Complete this return in blue or black ink only. Enter survivor’s CT Tax Registration No. General Information A. Check if this is an amended return. B. Change of: Address Domicile, enter new domicile: ________________________________________________________________ C. If this is a short period, enter period covered by this return: ________________________________________________________________________ D. If this is a final return, is the insurance company: No longer licensed in Connecticut; out of business Merged/reorganized ______________________________________________________ E. The insurance company is currently in: Receivership Rehabilitation

Form 207 (Flat), Insurance Premiums Tax Return Domestic … · Line 12: Enter payment made with Form 207/207 HCC EXT, Application for Extension of Time to File Domestic Insurance

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Page 1: Form 207 (Flat), Insurance Premiums Tax Return Domestic … · Line 12: Enter payment made with Form 207/207 HCC EXT, Application for Extension of Time to File Domestic Insurance

Form 207Insurance Premiums Tax Return

Domestic Companies

1. Grossdirectpremiumsreceivedduringthecalendaryear:Seeinstructions.................................................. 1 00

2. Dividendspaid:Seeinstructions..................................................................................................................... 2 00

3. Taxablepremiums:SubtractLine2fromLine1.............................................................................................. 3 00

4. Tax:MultiplyLine3by1.75%(.0175)............................................................................................................. 4 00

5. EnteramountfromFormCT-207K,Part4,Line31,ColumnC....................................................................... 5 00

6. EnteryourCIGAassessmentcredit.Seeinstructions..................................................................................... 6 00

7. EnteryourCLHIGAassessmentcredit.Seeinstructions................................................................................ 7 00

8. AddLines5,6,and7....................................................................................................................................... 8 00

9. Nettax:SubtractLine8fromLine4. Iflessthanzero,enterzero“0.”........................................................... 9 00

10. Overpaymentappliedfromprioryear.............................................................................................................. 10 00

11. PaymentsmadewithestimatedtaxpaymentcouponsForms 207 ESA, ESB, ESC, and ESD .................... 11 00

12. PaymentsmadewithextensionrequestForm 207/207 HCC EXT................................................................. 12 00

13. Totalpriorpayments:AddLines10,11,and12.............................................................................................. 13 00

14. IfLine13isgreaterthanLine9,enteramountoverpaid................................................................................. 14 00

15. Amounttobe:creditedto2012estimatedtax(15a)$_____________refunded(15b)$______________ 15 00 For faster refund, use Direct Deposit by completing Lines 15c, 15d, and 15e.15c. Checking Savings 15d. Routingnumber

15e. Accountnumber 15f.WillthisrefundgotoabankaccountoutsidetheU.S.?Yes

16. IfLine9isgreaterthanLine13,enteramountowed...................................................................................... 16 00

17. Iflate:penalty(17a)$__________________ plusinterest(17b)$__________________ Seeinstructions. 17 00

18. Interestonunderpaymentofestimatedtax:Attach Form 207I.Seeinstructions........................................... 18 00

19. Balanceduewiththisreturn.MakecheckpayabletoCommissioner of Revenue Services....................... 19 00

Declaration:IdeclareunderpenaltyoflawthatIhaveexaminedthisreturn(includinganyaccompanyingschedulesandstatements)and,tothebestofmyknowledgeandbelief,itistrue,complete,andcorrect.IunderstandthepenaltyforwillfullydeliveringafalsereturnordocumenttoDRSisafineofnotmorethan$5,000,imprisonmentfornotmorethanfiveyears,orboth.Thedeclarationofapaidpreparerotherthanthetaxpayerisbasedonallinformationofwhichthepreparerhasanyknowledge.

Signatureofprincipalofficer Title DatePrintnameofprincipalofficer Telephonenumber ()Paidpreparer’ssignature Date Preparer’sSSNorPTIN

Firmnameandaddress FEIN

Sign Here

Keepacopyofthisreturnforyourrecords.

VisittheDepartmentofRevenueServices(DRS)websiteatwww.ct.gov/TSCtopayelectronically.

Nameofcompany ConnecticutTaxRegistrationNumber

AddressNumberandstreet POBox Datereceived(DRSuseonly)

Cityortown State ZIPcode FederalEmployerIDNumber(FEIN)

Taxpayer

Pleasetype

orprint.

DepartmentofRevenueServicesStateofConnecticutPOBox2990HartfordCT06104-2990(Rev.12/11)

2011Completethisreturninblueorblackinkonly.

Entersurvivor’sCTTaxRegistrationNo.

General InformationA. Checkifthisisanamendedreturn.B. Changeof: Address Domicile,enternewdomicile:________________________________________________________________ C. Ifthisisashortperiod,enterperiodcoveredbythisreturn:________________________________________________________________________ D. Ifthisisafinalreturn,istheinsurancecompany:NolongerlicensedinConnecticut;outofbusiness Merged/reorganized ______________________________________________________

E. Theinsurancecompanyiscurrentlyin: Receivership Rehabilitation

Page 2: Form 207 (Flat), Insurance Premiums Tax Return Domestic … · Line 12: Enter payment made with Form 207/207 HCC EXT, Application for Extension of Time to File Domestic Insurance

Form 207 Instructions

Form207Back(Rev.12/11)

General InstructionsCompletethisreturninblueorblackinkonly.Due Date:ThisreturnisdueonorbeforeMarch1,2012,forinsurancepremiumstaxliabilityforcalendaryear2011.Attachments:Attachthefollowingtothisreturn:• AcopyofScheduleT;• ConnecticutbusinesspagefromtheAnnualStatementfiledwiththe

ConnecticutInsuranceDepartment;• 2011ScheduleGAA,ifapplicable;• 2011Form207I,ifapplicable;• 2011FormCT-207K,ifapplicable.Rounding Off to Whole Dollars:Youmustroundoffcentstothenearestwhole dollar on your return and schedules. If you do not round, theDepartmentofRevenueServices(DRS)willdisregardthecents.Round down to the next lowest dollar all amounts that include1through49cents.Rounduptothenexthighestdollarallamountsthatinclude50through99cents.However,ifyouneedtoaddtwoormoreamountstocomputetheamounttoenteronaline,includecentsandroundoffonlythetotal.Example:Addtwoamounts($1.29+$3.21)tocomputethetotal($4.50)toenteronaline.Round$4.50to$5.00andenter$5.00ontheline.Filing an Amended Return: Ifyoumakeanerror(s)onyourreturn,youmustcorrecttheerror(s)byfilinganamendedreturnusinganewForm207andcheckingtheamendedboxatthetopofthereturn.CompleteForm207usingthecorrectfiguresandinformationforthereportingperiod.Youmust file anamended return claiminga refundor credit of a taxoverpaymentwithinthreeyearsoftheduedateforwhichtheoverpaymentwasmade.Attachanexplanationoftheclaimtotheamendedreturn.

Line InstructionsLine 1: Enter grossdirect premiums (less return premiums, includingcancellations)receivedduringthecalendaryearfrompolicieswrittenonpropertyorriskslocatedorresidentinthisstate,butexcludingannuityconsiderations andpremiums received for reinsuranceassumed fromothercompanies.Line 2:Enterdividendspaidtopolicyholdersondirectbusiness.Donotincludeanydividendspaidonaccountoftheownershipofstock.Line 5:IfyourcompanyisclaimingConnecticuttaxcredits,FormCT-207K,Insurance/Health Care Tax Credit Schedule,must be completed andattachedtothisreturn.Line 6 and Line 7: ToclaimCIGAandCLHIGAassessmentcredits,youmustcompleteandattacha2011ScheduleGAA, Insurance Guaranty Association Credit.Line 10:Enterprioryearoverpayment(s).Line 11:EnterestimatedpaymentsmadewithForms207ESA,ESB,ESC,andESD,Estimated Insurance Premiums Tax Payment Coupon Domestic Insurance Companies.Line 12: EnterpaymentmadewithForm207/207HCCEXT,Application for Extension of Time to File Domestic Insurance Premiums Tax Return or Health Care Center Tax Return.TorequestanextensionoftimetofileForm207,acompanymustfileForm207/207HCCEXTandpayallthetaxitexpectstooweonorbeforeMarch1,2012.Line 14:IfLine13isgreaterthanLine9,subtractLine9fromLine13.Thisistheamountyouoverpaid.Line 15a:Entertheamountofoverpaymentyouwantcreditedtoyour2012estimatedinsurancepremiumstax.Youroverpaymentwillbecreditedtoyour2012estimatedinsurancepremiumstaxasofMarch1,2012,orthedatethatthisreturnisfiled,whicheverislater.Therefore,ifthisreturnisfiledafterMarch15,2012,yourestimatedinsurancepremiumstaxpaymentforMarch15,2012,willnotbetimelymade.Line 15b:Entertheamountofoverpaymentyouwantrefundedtoyou.Line 15: Add Line 15a and Line 15b.Your election to credit your overpayment to your 2012 estimated insurance premiums tax or to have your overpayment refunded to you is irrevocable.

Lines 15c through 15e:Getyourrefundfasterbychoosingdirect deposit.CompleteLines15c,15d,and15etohaveyourrefunddirectlydepositedintoyourcheckingorsavingsaccount.

Enteryournine-digitbankroutingnumberandyourbankaccountnumberinLines15dand15e.Yourbankroutingnumberisthefirstnine-digitnumberprinted on your check or savingswithdrawal slip.Your bank accountnumbergenerally follows thebankroutingnumber.Donot include thechecknumberaspartofyouraccountnumber.Bankaccountnumberscanbeupto17digitsandmustbenumeric.Ifanyofthebankinformationyousupplyfordirectdepositdoesnotmatchoryouclosetheapplicablebankaccountpriortothedepositoftherefund,yourrefundwillautomaticallybemailed.Line 15f:FederalbankingrulesrequireDRStorequestinformationaboutforeignbankaccountswhenthetaxpayerrequeststhedirectdepositofarefundintoabankaccount.IftherefundistobedepositedinabankoutsideoftheUnitedStates,DRSwillmailtherefund.Line 16: If Line 9 is greater than Line 13, subtract Line 13 fromLine9.Thisistheamountoftaxyouowe.Line 17a:LatePaymentPenalty:MultiplyLine16by10%.Entertheresultor$50,whicheverisgreater.Line 17b:MultiplyLine16by1%permonthorfractionofamonthfromtheoriginalduedateofthereturntothedateofpayment.Line 18:Ifestimatedtaxwasunderpaid,completeandattachForm207I,Underpayment of Estimated Insurance Premiums Tax or Health Care Center Tax,andentertheamountfromLine22ofForm207I.Line 19:AddLines16,17,and18.MakecheckpayabletoCommissionerofRevenueServices.Write“2011Form207”andyourConnecticutTaxRegistrationNumberonthefrontofyourcheck.DRSmaysubmityourchecktoyourbankelectronically.Mailto: DepartmentofRevenueServices StateofConnecticut POBox2990 HartfordCT06104-2990Signature:Thetreasurerofthecompany,oranauthorizedagentorofficerofthecompany,mustsignForm207.Paid Preparer Signature: A paid preparer must sign and dateForm207.PaidpreparersmustalsoentertheirSocialSecurityNumber(SSN)orPreparerTaxIdentificationNumber(PTIN)andtheirfirm’sFederalEmployerIDNumber(FEIN)inthespacesprovided.

Pay ElectronicallyVisitwww.ct.gov/TSC tomakeadirect taxpayment.Using this option authorizesDRS to electronicallywithdrawapaymentfromyourbankaccount(checkingorsavings)onadateyouselectuptotheduedate.Ifyoupayelectronically,youmuststillfileyourreturnonorbeforetheduedate.

For More InformationCallDRSduringbusinesshours,MondaythroughFriday:• 1-800-382-9463(ConnecticutcallsoutsidetheGreaterHartford

callingareaonly),or• 860-297-5962(fromanywhere).TTY,TDD, and Text Telephone users onlymaytransmitinquiriesanytimebycalling860-297-4911.Forms and PublicationsVisit the DRSwebsite atwww.ct.gov/DRS to download and printConnecticuttaxformsandpublications.

Routing Number

Name of Depositor Street Address City, State, Zip CodePay to the Order of

No. 101

Name of your BankStreet AddressCity, State, Zip Code

092125789 091 025 025413 0101

$

Date

Account Number