Non-Admitted Insurance - Premium Tax FAQs

  • In what system should I file my tax affidavit – GIMS Portal or GA SLIP?

    The rule of thumb for where to file is if the Policy Effective Date OR the Date Premium Paid is on or after January 1, 2021, the policy or endorsement should be filed in SLIP.

    NOTE: If the effective date is prior to 1/1/2021, but the Date Premium Paid is on or after 1/1/2021, the filer must use the 1/1/2021 as the effective date when filing this transaction in SLIP. A comment can be added in SLIP on the transaction to note the correct Effective Date.

  • How can an extension of time for filing taxes or payment of tax be requested?

    An extension may be granted for no more than thirty (30) days and must be made before the due date; refer to O.C.G.A. § 33-2-31.

  • Does the Premium Tax Division accept electronic fund transfers?

    Payments must be made by electronic check or credit card. SLIP is the main system for payment, however, anything filed in GIMS will have to be paid through that system. 

  • How can credits for returned premium or credits for changes in premium be used towards future tax liabilities?

    For historic premiums and premiums reported before January 1, 2021: Report the return/change premium in the GIMS Portal; include the date of the affidavit on which the original premium and tax was reported. Only claim credit for business written under the reporter’s respective license.

    After January 1, 2021: If original or renewal policy has been entered in SLIP, use Return Premium type to file the policy in SLIP. 

    Note: The return will be rejected in SLIP if the related initial entry or renewal policy was filed using the Historic “paper” filing system. Only file returns in SLIP for transactions that were previously reported in SLIP. Any policy where the original was filed on paper or in GIMS, the endorsement/return will also have to be filed in the GIMS Portal.

  • Is a Surplus Line Broker permitted to add broker fees?

    No fees are allowed outside the policy premium. Refer to the definition of Premium O.C.G.A . § 33-24-1(2), and also § 33-6-5(6)(B)(ii). Refer also to Bulletin 22-EX-4: Unauthorized Fees.

  • May a refund be requested for surplus line taxes paid?

    No, returns and changes in premiums are allowed as credits against the premium written and reported on a filed affidavit. O.C.G.A. §§ 33-5-31(a), 33-5-33(b), 33-40-5(a).

  • What is the tax rate for Risk retention groups?

    4% on “all premiums paid or due and payable.” Refer to O.C.G.A. § 33-40-5.

  • What is the tax rate on Surplus Lines?

    When Georgia is the home state, pay 4% on total premiums written and received by the surplus line broker. Refer to O.C.G.A. § 33-5-29. For additional information regarding the home state, please refer to  Download this pdf file. Bulletin 12-EX-1 .

  • What is the tax rate on Direct Procurement?

    When Georgia is the home state, pay 4% on total premiums written. Refer to O.C.G.A. § 33-5-33. For additional information regarding the home state, please refer to  Download this pdf file. Bulletin 12-EX-1 .

  • When is my filing and payment due?

    Surplus Line Brokers’ and Risk Retention Groups’ filings and payment are due on or before the 15th day of April, July, October and January; refer to O.C.G.A. § 33-40-5 and § 33-5-29. Insureds directly procuring insurance should remit payment no later than 30 days from the effective date of the policy; refer to O.C.G.A. § 33-5-33.

  • Who or what companies must file an affidavit for unauthorized/non-admitted insurance?

    Licensed Surplus Line Brokers, registered Risk Retention Groups and individual insureds who have not procured insurance through a licensed surplus line broker must file an affidavit. O.C.G.A. §§ 33-5, 33-40-5.

    Please do not file paper "zero" (no business for the quarter) affidavits until further notice. ONLY file when there is business to report. SLIP does not require zero filings.

  • Can I still pay by check or EFT?

    All payments must be made electronically by e-check or credit card.  Non-admitted filers will be invoiced from SLIP the first day after the end of the quarter.  Filings completed in the GIMS Portal will need to be paid in the GIMS Portal.