Captive insurers do not pay an insurance premium tax in Arizona. A domestic risk retention group must, however, complete the Survey of Arizona Domestic Insurers (Form E-LRTF), and has annual filing requirements.
|Form E-LRTF: Local and Regional Taxes and Fees; Survey of Arizona Domestic Insurers||
Arizona Administrative Code ("AAC") R20-6-205 requires all Arizona domestic insurers to file a complete and accurate response to this survey.
Data from the Survey are used to compute additions to the rates of tax that foreign and alien insurers must use when computing their retaliation obligations. Therefore, it is absolutely critical that Arizona domestic insurers accurately complete the survey. Insurers that fail to file timely, complete and accurate responses to the Survey may be subject to administrative action.
Beginning for Tax Year 2015, Arizona-domiciled insurers are not subject to tax/fee retaliation in Hawaii, Massachusetts, Minnesota, New York or Rhode Island, and insurers domiciled in those states are not subject to tax/fee retaliation in Arizona. Therefore, we are no longer requested information about any of those states in the E-LRTF workbook.
Insurers with questions about the survey should contact the Insurance Tax Unit.