GroundRules
RTC § 12106
Where this section sits in the code
- Revenue and Taxation Code - RTC
- DIVISION 2. OTHER TAXES [6001. - 61050.]
- PART 7. INSURANCE TAXATION [12001. - 13170.]
- CHAPTER 2. Ocean Marine Insurance [12071. - 12107.]
- ARTICLE 2. Basis of Tax for Ocean Marine Insurance [12101. - 12107.]
In computing the tax of a marine insurer issuing participating policies, there shall not be included in underwriting profit the amounts refunded by the insurer on account of premiums previously paid by its policyholders.
Collected 2026-09-14T05:56:33Z. Source file · JSON