Surplus Lines / Industrial Insured Premium Tax
Taxes | SLB/II
News
IMPORTANT! Beginning January 1, 2020, all surplus lines broker tax reports and payments must be filed electronically. You must:
- Use the Surplus Line of Arizona system (www.sla-az.org) to produce the tax report and
- Use the OPTins system (www.optins.org) administered by the National Association of Insurance Commissioners (NAIC) to file the report and pay the tax.
To use the NAIC OPTins system, you must complete a registration process. Do not wait until your tax filing and payment are due. Complete the registration process immediately.
Home State
Only file taxes to Arizona for transactions for which Arizona is the "home state," as defined in ARS § 20-401(6).
Transaction Filing and Reporting Due Dates:
| Due date* | Surplus lines / industrial insured (unauthorized insurance) transactions for which reports and taxes are due |
| February 15 |
Insurance (for both Arizona-only and multi-state risks) procured during the preceding July 1 through December 31. |
| August 15 | Insurance (for both Arizona-only and multi-state risks) procured during the preceding January 1 through June 30. |
| *Tax obligations due on a legal holiday are timely fulfilled if filed the next business day. ARS § 1-218 | |
Filing Requirements
Industrial insureds (also known as exempt commercial purchasers) must use Form E-II to calculate and report premiums and taxes owed. Regulatory Bulletin 2014-10 summarizes Arizona's criteria for being defined as an industrial insured.
Surplus lines brokers must
- File transactions with The Surplus Line Association of Arizona (or "SLA-AZ," at www.sla-az.org);
- Produce a transaction detail report and a tax report using the SLA-AZ system;
- Submit the transaction detail report and tax report using the NAIC OPTins system (www.optins.org).
HOW DID WE DO?
Please Provide Your Feedback
- To report errors with forms or instructions, or to suggest ways to improve them, please send e-mail to our Tax Unit at [email protected]
