Insurance Bureaus >> Revenue Audit/Processing Section

Revenue Audit/Processing Section

The Revenue Audit/Processing Section is responsible for processing and auditing premium tax filings for all insurance companies. All insurers authorized to transact business in New Mexico and all property bondsmen, self-insurers, title companies and risk retention groups are subject to pay premium tax on a quarterly basis.

Policy filing fees for life and health insurance companies are processed in this office. The due dates for life and health filing fees are governed by policy changes and new submissions. The fees are determined by the type of policy or submission.

Policy filing fees for property and casualty insurance companies are also processed in this office. Property and casualty filing fees are due annually and are determined by premiums written in applicable lines of business.

Revenue Audit is responsible for receipting Examination’s annual statement filing fees and the Fraud Bureau’s annual fraud assessment.

Updates

The 2013 Fraud Assessments and P&C Filing Fees will NOT be mailed out this year.  The availability and due dates are as follows:

• The 2013 Fraud Assessments will be available online on May 15, 2013 and due on June 15, 2013.
  
  
• The 2013 Property & Casualty Rate Form Annual Filling Fees will be available on May 30, 2013 and due on July 1, 2013.

*Please update any address and contact information using the Address Change/Update Form as we are updating our database.

To print your invoice please open the applicable file, search by name for your company, and print applicable page(s) only:

• Annual Statement Invoices - PDF Version :: XPS Version
  
  

Forms & Information

• Premium Tax Filing Instructions
  
  
• 2013 Estimated Quarterly Premium Tax Report (Form 306)
  
  
• 2012 Premium Tax Life Final (Form 300)
  
  
• 2012 Premium Tax Casualty Final (Form 301)
  
  
• 2012 Premium Tax Property Final (Form 302)
  
  
• 2012 Premium Tax Vehicle Final (Form 303)
  
  
• Self Procured (Form 308)
  
  
• Self Insured (Form 309)
  
  

For Amendments Only:

2012 Estimated Quarterly Amended Report (Form 306)

NOTICE:

Tax Reports:

Finals, Self Procured, Self Insured and 1st quarter due on April 15th, 2nd quarter due on July 15th, 3rd quarter due October 15th,
4th quarter due January 15th.

Financial Audit will only accept forms available on the PRC web site. We do not accept Premium Pro forms or any other forms that are not generated by the PRC Insurance Division.

Medical Insurance Pool & Health Alliance credits are both entered on finals at 50%.  The Medical Insurance Pool Special Acts are entered on final at 75%.

Do Not Email Reports, all forms must be signed.
(Please be advised that all forms are formatted to fit on legal size paper)

Refund Information

• Refund Request
  
  
• State of New Mexico W-9
  
  

Address Information

Please use #14 of the UCAA forms in the link below. Complete this form if your company has a change of address, contact information, or would like to inform the Insurance Division of an address for a specific assessment.

Address Change/Update Form

Mail or Fax completed form to:

NMPRC-Insurance Division
Financial Audit Bureau
1120 Paseo de Peralta
Santa Fe, NM 87501
Fax: 505-827-4734

Public Regulation Commission
Insurance Division/ Revenue Audit Section
1120 Paseo De Peralta
P.O. Box 1269
Santa Fe, NM 87504

phone: 1-888-427-5772

fax: 505-827-4734