Tex. Ins. Code § 803.007

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 803.007 - Examination Expenses

A credit on or an offset against the amount of premium taxes to be paid by a domestic company to the state in a taxable year may not be allowed on:

(1) a fee or examination expense paid to another state; or

(2) an examination expense:

(A) incurred by a representative of the department that is directly attributable to an examination of the books, records, accounts, or principal offices of a domestic company located outside this state; or

(B) paid in a different taxable year.

Tex. Ins. Code § 803.007

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. 6/1/2003.