Stratus Premium Tax

Stratus Premium Tax is a software application for processing your annual and estimated premium tax returns for all states and U.S. Territories. It is specifically designed to calculate premium and retaliatory taxes for Property & Casualty, Life, Life Health, Risk Retention, Title and HMO companies.

Each product year corresponds to a single tax year and will include the estimated and annual returns related to that tax year liability. For example, if you are in the 2026 product year in Stratus Premium, the returns available will be the estimated returns filed in calendar year 2025 for the 2026 tax liability and the 2026 annual returns.

In a typical product year release cycle, the estimate returns will be released first so that they are available for use immediately. Annual returns will be released later in the year after a development period where new features are implemented.

Data can be entered and/or imported into the Company Information Schedules and will then flow to each active state return. For each non-domestic state, a proforma state of domicile return will be calculated and will reside in the state folder for which it was calculated. The retaliatory return is summarized on the Retal Worksheet. The non-domestic filing return will use the data on the Retal Worksheet when calculating any retaliatory tax liability.

Summary schedules are available to summarize the amount of taxes paid in each jurisdiction and to calculate an effective tax based on the premiums written.

Various other tools can be used to track the progress of each return and provide audit trails for activities.