Get accurate, centralized reporting for insurance premium tax.
The risks involved with inaccurate IPT reporting are severe for insurers. With traditional paper-based reporting methods disappearing in favor of e-filing, insurers face increasing complexity and elevated consequences for non-compliance. You need a reporting solution that centralizes data and guarantees accuracy.
With Sovos IPT Reporting, you can:
- Review calculations and identify errors;
- Export data for returns; and
- Use exported IPT data to auto-generate tax returns