Form 3468E Application for Refund of Retail Sales Tax on Insurance or Benefit Plan Premiums - Ontario, Canada

Form 3468E, Application for Refund of Retail Sales Tax on Insurance or Benefit Plan Premiums in Ontario, Canada, is used to request a refund of the retail sales tax paid on insurance or benefit plan premiums in the province of Ontario.

The Form 3468E Application for Refund of Retail Sales Tax on Insurance or Benefit Plan Premiums in Ontario, Canada, is filed by the policyholder or the policyholder's authorized representative.

FAQ

Q: What is form 3468E?A: Form 3468E is an application form used in Ontario, Canada for refund of retail sales tax on insurance or benefit plan premiums.

Q: Who can use form 3468E?A: Any individual or business in Ontario who has paid retail sales tax on insurance or benefit plan premiums may use form 3468E to apply for a refund.

Q: What type of insurance premiums are eligible for refund?A: Insurance premiums for life insurance, accident and sickness insurance, and certain other types of insurance are eligible for refund.

Q: What are the requirements for a refund?A: To be eligible for a refund, the insurance contract must cover risks in Ontario and the premium must have been subject to retail sales tax.

Q: How do I submit my application?A: The completed form 3468E should be sent to the Ontario Ministry of Finance along with supporting documents and any required fees.

Q: How long does it take to process the refund?A: The processing time for a refund application can vary, but generally it takes several weeks to process and issue the refund.

Q: Are there any time limits for submitting a refund application?A: Yes, refund applications must be filed within four years from the end of the year in which the tax was paid.

Q: Can I claim refunds for previous years?A: Yes, if you have paid retail sales tax on insurance or benefit plan premiums in previous years, you can file a refund application for those years as well.

Q: Are there any other forms that need to be filled out?A: Depending on the type of insurance premium, you may also need to complete additional forms such as form RST22 for life insurance premiums.