Form Ins-7 - Surplus Lines Premiums Tax Annual Reconciliation / Return

FORM INS-7

MAINE REVENUE SERVICES

SURPLUS LINES PREMIUMS TAX

2008

*0832000*

ANNUAL RECONCILIATION / RETURN

Producer’s SSN

Period Covered

Due Date

0 1

January 1- December 31, 2008

March 15, 2009

CHECK ALL THAT APPLY:

PRODUCER’S NAME, ADDRESS AND NAME OF PRODUCER’S COMPANY OR EMPLOYER:

Initial return

Producer’s Name

Amended return

Street Address and/or Post Ofﬁ ce Box

Made estimated payments

during the year

City

State

ZIP Code

Change of name/address

Name of Producer’s Company or Employer

Tax Computation

Gross Direct Surplus Line Premiums ............................................................................ 1.

DEDUCTIONS

2a. Return premiums .............................................................................................. 2a.

2b. Dividends paid, credited or allowed on direct premiums ................................. 2b.

Total Deductions (line 2a plus line 2b) ............................................................................ 3.

Amount Taxable (line 1 minus line 3) ............................................................................ 4.

Premiums Tax (line 4 x 0.03) ......................................................................................... 5.

Less: Estimated Payments ............................................................................................ 6.

Balance Due (If line 5 is greater than line 6, line 5 minus line 6) .................................. 7.

Overpayment (If line 6 is greater than line 5, line 6 minus line 5) ................................. 8.

9a. Portion of overpayment to be APPLIED to next year’s ESTIMATED tax ...................... 9a.

9b. Portion of overpayment to be REFUNDED (line 8 minus line 9a)... ............................. 9b.

2009 Quarterly Estimated Tax

The 2009 quarterly tax payments may be on an estimated basis, as long as the April 30 and June 25 installments each equal at least 35% of the total tax paid for 2008

or 35% of the total tax due for 2009. The October 31 installment must equal 15% of the total tax paid for 2008 or 15% of the total tax due for 2009. See Form INS-6 for

details. (36 M.R.S.A . § 2521-A).

AFFIDAVIT AND SIGNATURE

This return is made in compliance with the provisions of 36 M.R.S.A. § 2521-A. The amount of all surplus lines premiums on insurance written by this producer on

risks located in, or received from risks resident of, the State of Maine during the above period has been reported. Under penalties of perjury, I declare that I have

examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct and complete. Declaration

of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

Date: _________________________ Signature: ___________________________________________ Phone

___________________________

Must be signed by the Producer with Surplus Lines Authority.

Preparer’s

Date: _________________________ Signature: ___________________________________________ ID Number: _________________________

Make check payable to :

Treasurer, State of Maine

Send return with check to:

Maine Revenue Services, P.O. Box 9120, Augusta, ME 04332-9120

Ofﬁ ce

use only