reglab/housing_qa huggingface dataset:
CA Rev & Tax Code § 12075 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 2 - Ocean Marine Insurance|ARTICLE 1 - Definitions|Section 12075.

12075.  “Losses incurred” means gross losses incurred during the current calendar year under ocean marine contracts written within the United States, less reinsurance claims collected or collectible and salvages or recoveries collectible from any source applicable to the losses.(Added by Stats. 1941, Ch. 113.)
CA Rev & Tax Code § 12076 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 2 - Ocean Marine Insurance|ARTICLE 1 - Definitions|Section 12076.

12076.  “Expenses incurred” includes specific and general expenses incurred in the current calendar year on ocean marine contracts written within the United States.(Added by Stats. 1941, Ch. 113.)
CA Rev & Tax Code § 12077 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 2 - Ocean Marine Insurance|ARTICLE 1 - Definitions|Section 12077.

12077.  “Specific expenses” means expenses incurred directly and specifically in connection with earned ocean marine premiums, including all commissions, agency expenses, taxes, licenses, fees, and loss-adjustment expenses, less recoveries or reimbursements on account of or in connection with the commissions or other expenses collected or collectible because of reinsurance or from any other source.(Added by Stats. 1941, Ch. 113.)
CA Rev & Tax Code § 12078 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 2 - Ocean Marine Insurance|ARTICLE 1 - Definitions|Section 12078.

12078.  “General expenses” means the portion of expenses not chargeable specifically to a particular class of insurance which is allocated to earned ocean marine premiums, consisting of that proportion of general or overhead expenses, including salaries of officers and employees, printing and stationery, and taxes of this State and of the United States, which the net premiums of ocean marine insurance written by the insurer bear to the total net premiums from all classes of insurance written by it during the current calendar year.(Added by Stats. 1941, Ch. 113.)
CA Rev & Tax Code § 12101 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 2 - Ocean Marine Insurance|ARTICLE 2 - Basis of Tax for Ocean Marine Insurance|Section 12101.

12101.  Every insurer transacting the business of ocean marine insurance in this State shall annually pay to the State a tax measured by that portion of the underwriting profit of the insurer from ocean marine insurance written in the United States, which the gross premiums of the insurer from ocean marine insurance written in this State bear to the gross premiums of the insurer from ocean marine insurance written within the United States, at the rate of 5 per cent.(Added by Stats. 1941, Ch. 113.)
CA Rev & Tax Code § 12102 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 2 - Ocean Marine Insurance|ARTICLE 2 - Basis of Tax for Ocean Marine Insurance|Section 12102.

12102.  The tax is in lieu of all other state, county and municipal taxes and licenses upon the marine insurer, except taxes upon real estate, any retaliatory exactions imposed by paragraph (3) of subdivision (f) of Section 28 of Article XIII of the Constitution, motor vehicle and other vehicle registration license fees and any other tax or license fee imposed by the state upon vehicles, motor vehicles or the operation thereof, and taxes assessed or levied against the insurer on account of any other class of insurance written by it.(Amended by Stats. 1974, Ch. 311.)
CA Rev & Tax Code § 12103 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 2 - Ocean Marine Insurance|ARTICLE 2 - Basis of Tax for Ocean Marine Insurance|Section 12103.

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.(Added by Stats. 1961, Ch. 740.)
CA Rev & Tax Code § 12104 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 2 - Ocean Marine Insurance|ARTICLE 2 - Basis of Tax for Ocean Marine Insurance|Section 12104.

12104.  If the insurer has transacted ocean marine insurance in this State in each of the three calendar years immediately preceding the year in which a tax return is required to be filed, the tax shall be computed as follows:(a) Divide the average annual premiums of the insurer from ocean marine insurance written by it in this State during the preceding three calendar years by the average annual premiums of the insurer from all ocean marine insurance written in the United States during such calendar years.(b) Multiply the insurer’s average annual underwriting profit from ocean marine insurance written within the United States during the preceding three calendar years by the figure derived in (a).(c) Multiply the amount derived in (b) by 5 percent.(Added by Stats. 1961, Ch. 740.)
CA Rev & Tax Code § 12105 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 2 - Ocean Marine Insurance|ARTICLE 2 - Basis of Tax for Ocean Marine Insurance|Section 12105.

12105.  If the insurer has not transacted ocean marine insurance in this State in each of the three calendar years immediately preceding the year in which a tax return is required to be filed, its tax shall be computed on the basis of its premiums and underwriting profits in the last completed calendar year. As soon as the insurer comes within the terms of Section 12104, the taxes computed under the provisions of this section for the two preceding calendar years shall be adjusted to equal the amount of the first tax computed under Section 12104. The adjustment shall be shown as an addition to, or a credit against, the tax computed upon business done in the third calendar year or as soon thereafter as possible.(Added by Stats. 1961, Ch. 740.)
CA Rev & Tax Code § 12106 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 2 - Ocean Marine Insurance|ARTICLE 2 - Basis of Tax for Ocean Marine Insurance|Section 12106.

12106.  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.(Added by Stats. 1961, Ch. 740.)
CA Rev & Tax Code § 12107 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 2 - Ocean Marine Insurance|ARTICLE 2 - Basis of Tax for Ocean Marine Insurance|Section 12107.

12107.  Whenever in this part the date, April 1st, is used as the beginning date for the computation of interest, attachment of penalties, or the fixing of periods of limitation, the date, June 15th, shall be substituted in lieu thereof with respect to taxes for ocean marine insurance.(Added by Stats. 1969, Ch. 736.)
CA Rev & Tax Code § 12201 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 1 - General|Section 12201.

12201.  (a) Every insurer doing business in this state shall annually pay to the state a tax on the bases, at the rates, and subject to the deductions from the tax hereinafter specified. For purposes of the tax imposed by this chapter, “insurer” shall be deemed to include a home protection company as defined in Section 12740 of the Insurance Code.(b) This section shall become operative on July 1, 2013. (Repealed (in Sec. 4) and added by Stats. 2013, Ch. 33, Sec. 5. (SB 78) Effective June 27, 2013. Section operative July 1, 2013, by its own provisions.)
CA Rev & Tax Code § 12202 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 1 - General|Section 12202.

12202.  The rate of tax to be applied to the basis of the annual tax in respect to each year is 2.35 percent except the rate to be applied to the basis in respect to the years 1982, 1983, 1984, and 1985 is 2.33 percent and except that as to gross premiums received upon policies or contracts issued in connection with a pension plan or profit-sharing plan exempt or qualified under Section 401(a), 403(b), 404, 408(b), or 501(a) of the United States Internal Revenue Code as they may be amended or renumbered from time to time, the rate of tax shall be the percentage set forth below opposite each year:YearPercentage1960  ........................ 2.151961  ........................ 1.951962  ........................ 1.751963  ........................ 1.551964  ........................ 1.351965 through 1968  ........................ 1.001969 and each year thereafter  ........................ 0.50(Amended by Stats. 1982, Ch. 327, Sec. 160. Effective June 30, 1982.)
CA Rev & Tax Code § 12202.1 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 1 - General|Section 12202.1.

12202.1.  Notwithstanding the rate specified by Section 12202, the gross premiums tax rate paid by insurers for any premiums collected between November 8, 1988 and January 1, 1991 shall be adjusted by the Board of Equalization in January of each year so that the gross premium tax revenues collected for each prior calendar year shall be sufficient to compensate for changes in such revenues, if any, including changes in anticipated revenues, arising from this act. In calculating the necessary adjustment, the Board of Equalization shall consider the growth in premiums in the most recent three year period, and the impact of general economic factors including, but not limited to, the inflation and interest rates.(Added November 8, 1988, by initiative Proposition 103, Sec. 6.)
CA Rev & Tax Code § 12203 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 1 - General|Section 12203.

12203.  The State Compensation Insurance Fund shall annually pay a tax computed on the same bases, at the same rates, and subject to the same deductions specified in this chapter, as those applicable to private insurers.(Added by renumbering Section 12264 by Stats. 1961, Ch. 740.)
CA Rev & Tax Code § 12204 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 1 - General|Section 12204.

12204.  (a) The tax imposed on insurers by this chapter is in lieu of all other taxes and licenses, state, county, and municipal, upon those insurers and their property, except:(1) Taxes upon their real estate.(2) Any retaliatory exactions imposed by paragraph (3) of subdivision (f) of Section 28 of Article XIII of the California Constitution.(3) The tax on ocean marine insurance.(4) Motor vehicle and other vehicle registration license fees and any other tax or license fee imposed by the state upon vehicles, motor vehicles, or the operation thereof.(5) That each corporate or other attorney-in-fact of a reciprocal or interinsurance exchange shall be subject to all taxes imposed upon corporations or others doing business in the state, other than taxes on income derived from its principal business as attorney-in-fact.(b) This section shall become operative on July 1, 2013. (Repealed (in Sec. 7) and added by Stats. 2013, Ch. 33, Sec. 8. (SB 78) Effective June 27, 2013. Section operative July 1, 2013, by its own provisions.)
CA Rev & Tax Code § 12205 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 1 - General|Section 12205.

12205.  It is the intent of the Legislature that the amount of the state low-income housing tax credit allocated to a project pursuant to Section 12206 shall not exceed an amount in addition to the federal tax credit that is necessary for the financial feasibility of the project and its viability throughout the extended use period.(Added by Stats. 1993, Ch. 1222, Sec. 1. Effective October 11, 1993.)
CA Rev & Tax Code § 12207 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 1 - General|Section 12207.

12207.  (a) For the taxable years beginning on or after January 1, 2017, and before January 1, 2023, there shall be allowed as a credit against the “tax,” as described in Section 12202 or 12231, an amount equal to 50 percent of the amount contributed by the taxpayer for the taxable year to the College Access Tax Credit Fund, as allocated and certified by the California Educational Facilities Authority.(b) (1) The aggregate amount of credit that may be allocated and certified pursuant to this section, Section 17053.87, and Section 23687 shall be an amount equal to five hundred million dollars ($500,000,000).(2) (A) For the purposes of this section, the California Educational Facilities Authority shall do all of the following:(i) On a first-come-first-served basis, allocate and certify tax credits to taxpayers under this section.(ii) Establish a procedure for taxpayers to contribute to the College Access Tax Credit Fund and to obtain from the California Educational Facilities Authority a certification for the credit allowed by this section. The procedure shall require the California Educational Facilities Authority to certify the contribution amount eligible for credit within 45 days following receipt of the contribution.(iii) Provide to the Department of Insurance a copy of each credit certificate issued for the calendar year by March 1 of the calendar year immediately following the year in which those certificates are issued.(B) (i) The California Educational Facilities Authority shall adopt any regulations necessary or appropriate to implement this paragraph.(ii) The Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code) shall not apply to any regulation adopted by the California Educational Facilities Authority pursuant to clause (i).(c) In the case where the credit allowed by this section exceeds the “tax,” the excess may be carried over to reduce the “tax” in the following year, and succeeding five years if necessary, until the credit is exhausted.(d) The tax credit allowed by subdivision (a), subdivision (a) of Section 17053.87, and subdivision (a) of Section 23687 for donations to the College Access Tax Credit Fund shall be known as the College Access Tax Credit.(e) This section shall remain in effect only until December 1, 2023, and as of that date is repealed.(Amended by Stats. 2017, Ch. 527, Sec. 1. (AB 490) Effective January 1, 2018. Repealed as of December 1, 2023, by its own provisions.)
CA Rev & Tax Code § 12208 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 1 - General|Section 12208.

12208.  (a) There shall be allowed as a credit against the amount of tax, as defined in Section 28 of Article XIII of the California Constitution, an amount equal to the amount of the gross premiums tax due from the insurer on account of pilot project insurance for previously uninsured motorists.(b) As used in this section “pilot project insurance for previously uninsured motorists” means motor vehicle liability insurance issued by an insurer under Article 5.5 (commencing with Section 11629.7) or Article 5.6 (commencing with Section 11629.9) of Chapter 1 of Part 3 of Division 2 of the Insurance Code, with respect to an insured who, at the time of the issuance, owned or operated a motor vehicle without proof of financial responsibility as defined in Section 16020 of the Vehicle Code, and any renewal of that insurance.(Added by Stats. 1999, Ch. 808, Sec. 3. Effective January 1, 2000.)
CA Rev & Tax Code § 12209 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 1 - General|Section 12209.

12209.  (a) Notwithstanding Sections 12207 and 12208 to the contrary, for the years 2020, 2021, and 2022, the total amount of all credits otherwise allowable under Sections 12207 and 12208, including any credit amount allowed to be carried over pursuant to those sections or subdivision (c), shall not reduce the “tax,” as described by Section 12201, by more than five million dollars ($5,000,000) for a given year.(b) (1) The amount of any credit otherwise allowable for a year under Section 12207 that is not allowed due to the application of this section shall remain a credit carryover amount under Section 12207.(2) The carryover period for any credit allowable under Section 12207 that is not allowed due to the application of this section shall be increased by the number of years the credit or any portion thereof was not allowed.(c) The amount of any credit otherwise allowable for a year under Section 12208 that was not allowed due to the application of this section may be carried over to reduce the “tax,” as described by Section 12201, for the following year, and succeeding years if necessary, until the credit amount or any portion thereof that was not allowed due to the application of this section is exhausted. However, any credit amount under Section 12208 that is allowed to be carried over pursuant to this subdivision is also subject to the limitation in subdivision (a).(d) The limitation under subdivision (a) shall not apply to the credit allowed by Section 12206 (relating to credit for low-income housing).(Added by Stats. 2020, Ch. 8, Sec. 5. (AB 85) Effective June 29, 2020.)
CA Rev & Tax Code § 12210 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 1 - General|Section 12210.

12210.  (a) A life insurer or life insurance agent shall inform his or her client of the tax imposed under this part.(b) A life insurer or life insurance agent who quotes only one price that includes the gross premiums tax is exempt from compliance with the requirements of subdivision (a).(Added by Stats. 2000, Ch. 614, Sec. 1. Effective January 1, 2001.)
CA Rev & Tax Code § 12221 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 2 - Basis of Tax for Other Than Title Insurers|Section 12221.

12221.  In the case of an insurer not transacting title insurance in this State, the basis of the tax is, in respect to each year, the amount of gross premiums, less return premiums, received in such year by such insurer upon its business done in this State. “Gross premiums” do not include premiums received for reinsurance and for ocean marine insurance. Gross premiums of reciprocal or interinsurance exchanges shall be determined as provided in Section 1530 of the Insurance Code. For purposes of the tax imposed by this chapter, “gross premiums” shall be deemed to include home protection contract fees defined in Section 12740 of the Insurance Code.(Amended by Stats. 1981, Ch. 820, Sec. 17.)
CA Rev & Tax Code § 12222 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 2 - Basis of Tax for Other Than Title Insurers|Section 12222.

12222.  Funds accepted by a life insurer under an agreement which provides for an accumulation of funds to purchase annuities at future dates may be considered as “gross premiums received” either upon receipt or upon the actual application of such funds to the purchase of annuities. However, any interest credited to funds accumulated while under the latter alternative shall also be included in “gross premiums received,” and any funds taxed upon receipt, including any interest later credited thereto, shall not be subject to taxation upon the purchase of annuities. Each life insurer shall signify on its premium tax return covering premiums for the calendar year 1957 its election between such two alternatives. Thereafter an insurer shall not change such election without the consent of the commissioner. Any such funds taxed as “gross premiums” shall, in the event of withdrawal of the funds before their actual application to the purchase of annuities, be eligible to be included as “return premiums” if eligible therefor under the provisions of Section 28 of Article XIII of the Constitution.(Amended by Stats. 1974, Ch. 311.)
CA Rev & Tax Code § 12231 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 3 - Basis of Tax for Title Insurers|Section 12231.

12231.  In the case of an insurer transacting title insurance in this State, the basis of the tax is, in respect to each year, all income upon business done in this State, except:(a) Interest and dividends.(b) Rents from real property.(c) Profits from the sale or other disposition of investments.(d) Income from investments.(Added by Stats. 1961, Ch. 740.)
CA Rev & Tax Code § 12232 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 3 - Basis of Tax for Title Insurers|Section 12232.

12232.  “Investments,” as used in Section 12231, includes property acquired by an insurer in the settlement or adjustment of claims against it but excludes investments in title plants and title records. Income derived directly or indirectly from the use of title plants and title records is included in the basis of the tax.(Added by Stats. 1961, Ch. 740.)
CA Rev & Tax Code § 12240 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 4 - Basis of Tax for Medi-Cal Managed Care Plans|Section 12240.

12240.  In the case of a Medi-Cal managed care plan, the basis of the tax is, in respect to each year, total operating revenue.(Added by Stats. 2013, Ch. 33, Sec. 10. (SB 78) Effective June 27, 2013. Section operative as of July 1, 2012, pursuant to Section 12242.)
CA Rev & Tax Code § 12241 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 7 - INSURANCE TAXATION|CHAPTER 3 - All Insurance Other Than Ocean Marine|ARTICLE 4 - Basis of Tax for Medi-Cal Managed Care Plans|Section 12241.

12241.  For purposes of this article, “total operating revenue” means all amounts received by a Medi-Cal managed care plan in premium or capitation payments for the coverage or provision of all health care services, including, but not limited to, Medi-Cal services. Total operating revenue shall not include amounts received by a Medi-Cal managed care plan pursuant to a subcontract with a Medi-Cal managed care plan to provide health care services to Medi-Cal beneficiaries.(Added by Stats. 2013, Ch. 33, Sec. 10. (SB 78) Effective June 27, 2013. Section operative as of July 1, 2012, pursuant to Section 12242.)