{"data":{"id":"us-ca/rtc-12103","jurisdiction":"us-ca","citation":"RTC § 12103","heading":"","body":"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.","path":["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.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"4c9aff1ac02e81e06cdba805d5f368f7e6748b94054cdafd9ebcd7b29f76d093","source_id":"us-ca","stale":false,"prev":"us-ca/rtc-12102","next":"us-ca/rtc-12104"},"notice":"GroundRules: Original legal text. Not legal advice."}