Tax Estimator

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DISCLAIMER: This tax calculator is a tool for estimates only and does not provide legal or tax advice.

Helpful Hints and Tips:
  • The items allowable under “premium” are found in 225.001(5) of the Texas Insurance Code.
  • The tax estimator can be used for individual policies or groups of policies that fall into the same date range.
  • The following are tax-exempt policies under 225.004 of the Texas Insurance Code:
    • Covering federal waters
    • Covering international waters
    • Under the jurisdiction of a foreign government
    • Ocean marine insurance coverage of stored or in-transit baled cotton for export
  • The following are federally preempted:
    • Federally chartered credit unions
    • National Credit Union Administration (when acting as conservator or liquidating broker for Federal Credit Unions)
    • Activities that occur on tribal lands
  • Policies that are tax-exempt or federally preempted are still subject to stamping fees.
  • An exemption from sales tax does not necessarily qualify for a surplus lines tax-exemption or federal preemption.
  • For more information on policies that are exempt from taxation, please see the Surplus Lines Tax Exemptions/Preemptions brochure on the Comptroller’s Office.
  • For more information on tax compliance relating to the NRRA, please see the Comptroller’s publication entitled Guidelines for Premium Tax Compliance with the Nonadmitted and Reinsurance Reform Act.