{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-629","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-629","heading":"Estimate and prepayment of premium tax - Crediting","body":"A. Every insurance company transacting business in this state\n\nwhose premium tax, paid with respect to the previous calendar year's\n\npremiums, was One Thousand Dollars ($1,000.00) or more, shall make\n\nan estimate each year as provided herein and remit with each\n\nestimate a prepayment of its annual premium tax for the current\n\ncalendar year equal to one-fourth (1/4) of its annual premium tax\n\npaid with respect to the previous calendar year's premiums.\n\nEstimates, with remittance, shall be made on or before April 15,\n\nJune 15, September 15 and December 15, respectively.\n\nB. All sums prepaid by an insurance company shall be allowed as\n\ncredits against its annual return for premium tax payable on or\n\nbefore the first day of March. If sums prepaid exceed the insurance\n\ncompany’s annual premium tax payable on or before the first day of\n\nMarch, the excess shall be refunded or shall be allowed as credits\n\nagainst subsequent prepayments of the tax as the insurance company\n\nshall elect on the annual return for premium tax filed for the year\n\nby the insurance company with respect to which such excess\n\nprepayments were made. Provided, in the case of an insurance\n\ncompany which has made prepayments of its premium tax in excess of\n\nits annual premium tax payable, the part of the excess prepayments\n\nas has not been credited against subsequent prepayments of the tax\n\nshall be refunded to the insurance company upon application within\n\none hundred eighty (180) days after application is made.","path":["OK Code","Title 36"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os36.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"75ef0715a08e2f29e8e2a8a8e33dfc2a87df4a5896a2e2891dd024d57f4e59ea","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-628","next":"us-ok/okla.-stat.-tit.-36-36-630"},"notice":"GroundRules: Original legal text. Not legal advice."}