GeoTAX Insurance Premium Tax Module
Our GeoTAX® Insurance Premium Tax module automates the tax jurisdiction determination process for insurance companies that are currently required to pay taxes on premiums written in an increasing number of states. Each year, many municipalities and fire and police districts change boundaries, which are the foundation for most premium tax districts. We provide an ongoing research program, with nationwide coverage, that tracks these changes and provides you with an integrated solution with up–to–date premium tax boundary information. The GeoTAX® Insurance Premium Tax module helps eliminate the tedious and complicated manual and ZIP code based systems providing more accurate results, thereby greatly minimizing the audit risk, eliminating fines, and boosting customer satisfaction.