Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 12102 — Basis of Tax for Ocean Marine Insurance
Cal. Rev. & Tax. Code § 12102
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Rev. & Tax. Code § 12102 — Basis of Tax for Ocean Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.
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.