Delaware Extends Insurance Tax Deadline

The Delaware Department of Insurance has issued a bulletin informing captive insurer that, in anticipation of the final enactment of a pending bill, the Commissioner has extended the annual reporting and tax premium payment deadline for filing year 2018 from March 1, 2018 to April 15, 2018. To take the advantage of the extension, a captive insurer must notify the department, no later than March 1, 2018, of its intention to take advantage of the extension. A captive insurer while notifying its intention must: (1) send the notice to the department by electronic mail message to both the captive resource message inbox at captive@state.de.us and captive tax section at DOI_CaptiveTax@state.de.us ; (2) write “Extension per Captive Insurance Bulletin No. 9” in the subject line; and (3) must clearly indicate information that identifies captive insurer by name, certificate of authority number, and taxpayer identification number.
Captive Insurance Bulletin No. 9, Delaware Department of Insurance, February 6, 2018, ¶200-732

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