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Texas Insurance Code - Chapter 221 Property And Casualty Insurance Premium Tax

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  • Texas Insurance Code Section 221.001 - Applicability Of Chapter
    (a) This chapter applies to an insurer, organization, or concern that receives gross premiums subject to taxation under Section 221.002, including a reciprocal or interinsurance ...
  • Texas Insurance Code Section 221.002 - Tax Imposed; Rate
    (a) An annual tax is imposed on each insurer that receives gross premiums subject to taxation under this section. The rate of the tax is ...
  • Texas Insurance Code Section 221.003 - Tax Due Dates
    (a) The total tax imposed by this chapter is due and payable not later than March 1 after the end of the calendar year for ...
  • Texas Insurance Code Section 221.004 - Tax Report
    (a) An insurer liable for the tax imposed by this chapter must file annually with the comptroller a tax report on a form prescribed by ...
  • Texas Insurance Code Section 221.005 - Change In Due Dates
    (a) The comptroller by rule may change the dates for reporting and paying taxes under this chapter to improve operating efficiencies within the agency. (b) ...
  • Texas Insurance Code Section 221.006 - Credit For Fees Paid
    (a) An insurer is entitled to a credit on the amount of tax due under this chapter for all examination and evaluation fees paid to ...
  • Texas Insurance Code Section 221.007 - Failure To Pay Taxes
    An insurer that fails to pay all taxes imposed by this chapter is subject to Section 203.002. Added by Acts 2003, 78th Leg., ch. 1274, ...
  • Last modified: August 10, 2007