Tax on Insurers (Insurance Tax) Registration Information

Who is required to register?

Insurers

There is no online registration process for Insurers with BOE.

Insurance companies must receive a Certificate of Authority from the Department of Insurance to transact insurance business in California.

Insurers should contact the Department of Insurance for information on registration and licensing requirements.

The insurance gross premiums tax is imposed by the California Constitution, Article XIII, section 28, is an annual tax imposed on each insurer doing business in this state. Section 28 provides that the taxes it imposes will be assessed by the BOE. (Section 28, subd.(h).) Pursuant to that charge, the tax imposed on insurers by Section 28 is administered by the Board of Equalization (BOE), in cooperation with the California Department of Insurance (DOI) and the Office of the State Controller, under Part 7 (commencing with section 12001) of Division 2 of the Revenue and Taxation Code.

Surplus Line Brokers

There is no online registration process for Surplus Line Brokers with BOE.

Surplus Line Brokers should contact the Department of Insurance for information on registration licensing requirements.

Just as with the gross premiums tax submitted by admitted insurers (discussed above), the surplus line tax imposed on Surplus Line Brokers is administered by the BOE, in cooperation with the DOI and the Office of the State Controller, under Part 7 (commencing with section 12001) of Division 2 of the Revenue and Taxation Code.