Pursuant to  KRS 91A.080(6) and  806 KAR 2:095, admitted insurance companies and surplus lines brokers are responsible for paying Kentucky local government premium tax (LGPT) to taxing  entities (cities, counties or other local government) for business written  in the Commonwealth.  There are exceptions for specific lines of business, which can be found in the insurance code, under  KRS 91A.080(13).

The Department of Insurance (DOI) publishes annual instructions and tax schedules concerning this tax. These documents can be found on the Department website under the Forms & Documents page. These documents will offer general information concerning the tax, including bulletins and tax schedules by year, instructions on submitting the Annual Reconciliation, as well as legislation pertaining to local government premium tax.

Insurance companies and surplus lines brokers are responsible for paying Kentucky local government premium tax (LGPT) to taxing entities (cities, counties or other local government) for business written in the Commonwealth.  Read More..