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Florida Department of Revenue Form DR-908 Instructions

DR-908N

R. 01/18

Page 10

remaining tax due from Line 4 after subtracting the amounts

written in a pool or association arrangement. Multiply the

on Lines 5, 6, and 7.

total premiums by the applicable rate of 1.85 percent (.0185)

for property policies reported on Schedule XII-B, and by .85

Line 9. Net Tax Due

percent (.0085) for casualty policies reported on Schedule

Subtract Lines 5 through 8 from Line 4. Enter the result here

XIII-B. Enter the total tax for each excise tax on Line 3 of

and on Page 1, Line 5 of the return.

Schedules XII-B and XIII-B respectively, and on Page 1,

Note: This amount cannot be less than zero.

Lines 6 and 7 respectively.

If a significant variance exists between the figures reported on

Schedules XII and XIII

your prior year return, a written explanation will be required. A

Firefighters’ and Municipal Police Officers’ Retirement

significant variance is considered an increase or decrease of

Trust Funds

greater than 10 percent (.10) for any municipality or fire control

Use the physical location of the property when allocating

district. Please review the figures on Schedules XII and XIII of

premiums to the appropriate fire control district or

your 2017 return and the information you reported last year.

municipality. Do not use ZIP codes as a means of

If a significant variance exists, you must attach a detailed

identifying the location of the risk, as they do not provide

explanation clarifying the variance between your 2016 and

a sufficient level of detail to identify the appropriate city or

2017 returns.

district and may result in an inaccurate allocation of premiums.

The Department of Revenue created a database that insurers

In addition to completing Schedules XII and XIII, you must

may use in assigning their premiums and policies to the

answer Question B on Form DR-908, Page 2.

various participating local taxing jurisdictions. This database

is available for free at

Sections 175.101 and 185.08, F.S., provide for each

This database was created pursuant to ss. 175.1015 and

municipality and/or fire district having a lawfully established

185.085, F.S. These statutes provide that insurers who

firefighters’ pension trust fund and/or a lawfully established

exercise due diligence in using the Department’s database

municipal police officers’ retirement trust fund, respectively, to

to assign their premiums to the participating local taxing

assess against an insurer engaged in the business of property

jurisdictions shall be held harmless from any liability, including

insurance and/or casualty insurance, respectively, an excise

but not limited to, liability for taxes, interest, or penalties

tax on all premiums collected on property within the corporate

that would otherwise be due as a result of an assignment of

limits of any such municipality or within the boundaries of any

premiums to an incorrect local taxing jurisdiction. Insurance

special fire control district.

companies that do not use the electronic database provided

Regarding the Firefighters’ Pension Trust Fund, premiums are

by the Department of Revenue and do not exercise due

to be reported on the gross amount of receipts of premiums

diligence in applying the electronic database, are subject to a

from policy holders on all premiums collected on property

.5 percent (.005) penalty on the total premium per policy that

insurance as defined in s. 624.604, F.S., and includes the

is improperly assigned.

following lines: fire, allied lines, flood, earthquake, aircraft,

The Department of Revenue; the Department of Financial

and aggregate write-ins for other lines of business meeting the

Services, Office of Insurance Regulation; and the Department

definition of property insurance.

of Management Services, Division of Retirement, Municipal

Police Officers’ and Firefighters’ Retirement Trust Funds

Regarding the Municipal Police Officers’ Retirement

Office, administer the Chapter 175 and 185, F.S., taxes.

Trust Fund, premiums are to be reported on the gross

* The Department of Financial Services, Office of Insurance

amount of receipts of premiums from policy holders on all

Regulation has authority to impose the .5 percent (.005)

premiums collected on casualty insurance as defined in

penalty relating to the address database and insured

s. 185.02(2), F.S., and includes the following lines: private

risks not properly assigned to participating local taxing

passenger auto no-fault (personal injury protection), other

jurisdictions.

private passenger auto liability, commercial auto no-fault

(personal injury protection), other commercial auto liability,

* The Department of Management Services, Division of

private passenger auto physical damage, commercial auto

Retirement, Municipal Police Officers’ and Firefighters’

physical damage, fidelity, burglary and theft.

Retirement Trust Funds Office administers the retirement

trust funds, distributes monies to the local taxing

Additionally, in the case of multiple peril policies which include

jurisdictions, and notifies the Office of Insurance Regulation

both property and casualty coverage for a single premium, 70

when insurers fail to comply.

percent (.70) of such premium shall be used as the basis for

the Firefighters’ Pension Trust Fund assessment reported on

* The Department of Revenue creates and maintains the

Schedule XII and 30 percent (.30) of such premium shall be

database and collects the Chapter 175 and 185, F.S., taxes

used as the basis for the Municipal Police Officers’ Retirement

on its forms. When processing the Insurance Premium

Trust Fund reported on Schedule XIII. Such multi-peril

Tax returns, the Department of Revenue often contacts

insurance includes the following lines: farm owners’ multiple

insurers about variances between the current year and

peril, homeowners’ multiple peril, and commercial multiple peril.

prior year amount of premium reported for the various local

taxing jurisdictions, to help ensure that the proper amounts

For Schedules XII and XIII, report all premiums received

are reported by the insurer to the proper local taxing

under property insurance policies and/or casualty insurance

jurisdictions.

policies, respectively, covering or insuring property

located within the corporate limits of the municipalities

Sections 175.151 and 185.13, F.S., provide that an insurer’s

and/or fire control districts listed for the calendar year ended

certificate of authority may be canceled or revoked if an insurer

December 31, 2017. This must include any business being

fails to comply with the provisions of Chapters 175 and 185, F.S.

Instructions For Form Dr-908n - Florida Insurance Premium Taxes And Fees Return - 2018 Page 10

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