Title IN, Insurance Code

Sec. 223.005. PREMIUMS PAID TO TITLE INSURANCE AGENT. (a) Premiums received from the business of title insurance are subject to the tax under this chapter regardless of whether paid to a title insurance company or retained by a title insurance agent, with the tax being in lieu of…

Sec. 223.006. TAX DUE DATES. (a) The total tax imposed by this chapter is due and payable not later than: (1) March 1 after the end of the calendar year for which the tax is due; or (2) another date prescribed by the comptroller. (b) A title insurance company that had a net tax l…

Sec. 223.007. TAX REPORTS. (a) A title insurance company liable for the tax imposed by this chapter must file annually with the comptroller a tax report on a form prescribed by the comptroller. (b) The tax report is due on the date the tax is due under Section 223.006(a). Added b…

Sec. 223.008. RULES. (a) The commissioner or the comptroller, as appropriate, may adopt fair and reasonable rules, minimum standards, and limitations as appropriate to augment and implement this chapter. (b) This section does not affect the comptroller's general authority to adop…

Sec. 223.009. CREDIT FOR FEES PAID. (a) A title insurance company is entitled to a credit on the amount of tax due under this chapter for all examination and evaluation fees paid to the state during the calendar year for which the tax is due. The limitations provided by Sections …

Sec. 223.010. FAILURE TO PAY TAXES. A title insurance company that fails to pay all taxes imposed by this chapter is subject to Section 203.002. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.

Sec. 223.011. DISPOSITION OF REVENUE. Chapter 227 applies to the disposition of the revenue from the tax imposed by this chapter. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.