Vermont Captive Fees & Taxes
Posted February 2010
| Vermont Captive Fees effective 1981 |
|
|
Activity |
Related Fee |
|
Actuarial Application Review Actuarial Application Review (SPFC) |
$4,000 $7,500 |
|
License, When Issued |
$500 |
|
Annual License Renewal |
$500 |
All checks in payment of fees or services should be made payable to either of the following payee names:
Vermont Department of Banking and Insurance OR Commissioner of Banking and Insurance.
| Vermont Premium Tax Rate Effective 1/1/2004 and for premiums written in calendar year 2004 and thereafter |
||
|
Millions of Dollars |
Direct Premium Tax Rate | Assumed Premiums Tax Rate |
| 0-20 | .38% | .214% |
|
20-40 |
.285% | .143% |
|
40-60 |
.19% | .048% |
|
60 |
.072% | .024% |