When is the Surplus Lines Licensee's Tax Report due?

The Surplus Lines Licensee's Tax Report is due before March 2. This is important for compliance with state regulations regarding surplus lines insurance, which refers to coverage obtained from non-admitted insurers when coverage cannot be found through admitted insurers. Prompt submission of the report ensures that the insurance transactions are documented properly, and any taxes owed on these transactions are paid on time.

Understanding the specific due date is essential for surplus lines licensees to avoid penalties or potential legal issues. This timing aligns with the state's fiscal management practices and allows the insurance regulatory body to maintain accurate records and oversight of surplus lines activity within Missouri.