Louisiana

The Louisiana module may be used to allocate premiums covering risks within Louisiana to the correct municipality for taxation.  Please note that all premiums in Louisiana are taxable.  If premiums are not allocated within the limits of a taxing municipality, the premiums are taxable by the parish.

 

Source ASCII File Layout

 

Premium Type Codes used in the Louisiana Municipal ASCII file layout

Neither the Louisiana municipal return nor the Louisiana Municipal Advisory and Technical Services (LaMATS) return require a breakout of premiums by type; therefore, the Louisiana module does not differentiate between Premium Type Codes in the source ASCII file and groups all allocated premiums together.

 

Export to Premium Pro Municipal

To export allocation data to Premium Pro Municipal, follow these steps:

 

  1. Select Export from the Tools menu.
  2. In the state selection drop-down box, select "Louisiana."
  3. Select the "Municipal Import File (*.imp)" export option.
  4. Select the "By Municipal Code" or "By Municipal Name" option. NOTE: Remember which option you choose, so that you can select the same option when importing the data into Municipal.
  5. Click the "Browse" button to select a file name for the exported data.
  6. Click the "Export" button.

 

Following the steps above will create a Municipal Import file (*.imp). The contents of this file can be imported into Premium Pro Municipal, P&C, or Life by following these steps:

 

  1. Open the Municipal, P&C, or Life module in Premium Pro Enterprise.
  2. Select the File menu, select Import, and select ASCII (if importing to Municipal) or Municipal (if importing to P&C or Life).
  3. P&C and Life Only: Select Louisiana from the list box.
  4. Select the import option you would like to use. This should be the same as the export option you chose in Step 4 above.
  5. Click the "Select File" button to select the file you wish to import. This should be the Municipal Import file (*.imp) that was created above.
  6. Click the "Import" button to import the contents of the selected file.

 

Following the steps above will import the data and calculate the return.

 

Additional Information

For more information regarding Louisiana municipal taxation, please visit the following links:

 

Louisiana Department of Insurance

Louisiana Municipal Advisory and Technical Services (LaMATS)