What are the maintenance tax rates for this year’s premiums?
The Texas Department of Insurance sets each year’s maintenance tax rates based on the prior year’s premium volume and the next year’s anticipated funding needs. After the rates are set (usually in late November or early December), report forms with the preprinted rates are mailed to taxpayers. You may view the current rates by accessing the following link: http://window.state.tx.us/taxinfo/taxpubs/tx94_130.pdf.
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- What are the maintenance tax rates for this year’s premiums?