Form 63-29a - Ocean Marine Profits Tax Return - 2006

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2006
Form 63-29A
Massachusetts
Ocean Marine Profits
Department of
Tax Return
Revenue
To be filed by domestic and foreign insurance companies which are subject to the provisions of Massachusetts General Laws, Ch. 63, section 29A.
For calendar year 2006 or taxable year beginning
2006 and ending
Name of company
Federal Identification number
Mailing address
City/Town
State
Zip
Name of treasurer
Organized under the laws of
Has the federal government changed your taxable income for any prior year which has not yet been reported to Massachusetts?
Yes
No.
All amounts must be properly entered on all forms. Failure will result in a penalty assessment. Attachments are not sufficient compliance.
Under the penalties of perjury, I declare that to the best of my knowledge and belief, this return and enclosures are true, correct and complete.
Signature of appropriate corporate officer
Social Security number
Telephone number
Date
Individual or firm signature of preparer
Employer Identification number
Address
Date
3
If you are signing as an authorized delegate of the appropriate corporate officer, check here
and enclose Massachusetts Form M-2848, Power of
Attorney. The Privacy Act Notice is available upon request.
General Instructions
Where marine premiums are called for in this return, only premiums
Home Energy Efficiency Credit. For Information regarding the Home
on goods or other insurable interests in the course of exportation, im-
Energy Efficiency Credit, see Schedule HEEC and Technical Infor-
portation or transportation coastwise, or upon these goods or insur-
mation Release (TIR) 05-18.
able interests while being prepared for or awaiting such shipment are
Solar Heat Credit. For information regarding the Solar Heat Credit,
to be included. The Massachusetts marine premiums not included in
see TIR 05-18.
the foregoing classification are not subject to the provisions of sec.
29A of Ch. 63 of the Massachusetts General Laws but may be taxable
Film Incentive Credit. For information regarding the Film Incentive
under sec. 22 (domestic company) or sec. 23 (foreign company).
Credit, see TIR 06-1.
All companies which reasonably estimate their insurance excise to be
Medical Device Credit. For information regarding the Medical Device
in excess of $1,000 are required to pay quarterly estimates of 40%,
Credit, see TIR 06-22.
25%, 25% and 10% of the tax due. Any inquiries relative to the filing of
Brownfields Credit. For information regarding the Brownfields Credit,
estimated tax payments should be addressed to the Massachusetts
see TIR 06-16.
Department of Revenue, Banking and Insurance Unit, PO Box 7052,
Boston, MA 02204.
Voluntary Contribution. A corporation may contribute any amount to
the Natural Heritage and Endangered Species Fund. Contributions are
The actual estimated tax payments made must agree with the esti-
applied to conservation programs for the protection of rare and endan-
mated tax payments shown on each return. All returns filed are on ac-
gered plants and non-game wildlife within Massachusetts. This contri-
count of separate and distinct taxes, and payments made on account
bution will increase the balance due or decrease the amount of refund.
thereof should be so treated. An overpayment of one tax may not be
taken as a credit against the current year’s liability of another tax.
Reproduction of Forms. Reproduction of forms must be approved
prior to filing. They must meet the criteria outlined in TIR 95-8.
Economic Opportunity Area Credit. For information regarding
the Economic Opportunity Area Credit, see Schedule EOAC and
This return, together with payment in full, is due on or before
instructions.
May 15, 2007.
Full Employment Credit. For information regarding the Full Employ-
Any portion of this excise not paid by the due date bears interest at
ment Credit, see Schedule FEC and instructions.
1
the applicable rate, and a penalty of
% per month, up to a maximum
2
of 25% of the tax due. Failure to file this return on time incurs a pen-
Low-Income Housing Credit. For information regarding the Low-
alty of 1% per month (or fraction thereof), up to a maximum of 25% of
Income Housing Credit, contact the Department of Housing and Com-
the tax due.
munity Development, Division of Private Housing, at (617) 727-7824.
Mail to: Massachusetts Department of Revenue, PO Box 7052,
Historic Rehabilitation Credit. For information regarding the Historic
Boston, MA 02204. Make check or money order payable to: Com-
Rehabilitation Credit, see Regulation 830 CMR63.38R.1, Massachu-
monwealth of Massachusetts.
setts Historic Rehabilitation Credit.
Form code 374 / Tax type 0121

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