Revenue and Taxation Code section 12103

Except as otherwise provided in Section 12105, the tax shall be computed each year upon the average annual underwriting profit of the insurer from ocean marine insurance during the preceding three calendar years.

Source: Section 12103, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=RTC§ionNum=12103. (accessed May 10, 2025).

12101
12102
12103
12104
12105
12106
12107

Last Updated

May 10, 2025

§ 12103’s source at ca.gov

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Location: https://california.public.law/codes/revenue_and_taxation_code_section_12103

Original Source: Section 12103, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=RTC§ionNum=12103. (last accessed May 10, 2025).