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1. When are surplus lines taxes due?

Surplus lines taxes are due thirty days after the close of each quarter. Therefore, due dates are April 30th; July 30th; October 30th an January 30th of each calendar year.

2. Are there penalties for late submissions?

At the current time, we do not have any penalties for late submissions. If you enter a submission late, the tax application will prompt you for a late reason which you will choose from a drop-down box. However, we do impose a $200.00 Administrative penalty if the tax payment is not received in our office on or before the due date. This penalty is automatically assessed in the tax application.

3. What kind of penalties are associated with filing surplus lines premium taxes?

If your tax payment is not received on or before the due date, you will be automatically assessed an Administrative fine of $200.00.