PDF
Word
Sample Form INS7143 Domestic Property and Casualty Franchise Tax - Ohio
What Is Form INS7143?
This is a legal form that was released by the Ohio Department of Insurance - a government authority operating within Ohio. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is INS7143 Domestic Property and Casualty Franchise Tax?
A: INS7143 is a form used for reporting and paying the franchise tax for domestic property and casualtyinsurance companies in Ohio.
Q: Who is required to file INS7143?
A: Domestic property and casualty insurance companies operating in Ohio are required to file INS7143.
Q: What is the purpose of the franchise tax?
A: The franchise tax helps support various state programs and services, including education and infrastructure.
Q: How often does INS7143 need to be filed?
A: INS7143 must be filed annually, by the last day of March.
Q: What information is required on INS7143?
A: INS7143 requires information about the company's net premium written in Ohio, net losses paid in Ohio, and other specific details about the company's operations.
Q: What are the consequences of not filing INS7143?
A: Failure to file INS7143 can result in penalties and interest being assessed on the unpaid tax amount.
Q: Are there any exemptions to the franchise tax?
A: Certain small insurance companies may qualify for exemptions from the franchise tax. It is recommended to consult the Ohio Department of Insurance for specific eligibility requirements.
Form Details:
- The latest edition provided by the Ohio Department of Insurance;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Form INS7143 by clicking the link below or browse more documents and templates provided by the Ohio Department of Insurance.
