Fire Marshal Tax

What is a Fire Marshal Tax?

A Fire Marshal Tax is a tax that is applied to specific lines of insurance business. It is typically a tax on fire insurance premiums.

Understanding Fire Marshal Taxes

A Fire Marshal Tax is charged on all applicable surplus lines insurance transactions in certain  states. Fire Marshal Taxes may be required at different frequencies, such as annually or quarterly. Currently, only New Jersey, South Dakota, Illinois and Oregon collect Fire Marshal Taxes.

Calculating Fire Marshal Taxes can be tricky. But InsCipher’s Surplus Lines Tax Calculator can quantify these taxes for you.

What are the penalties for not paying Fire Marshal Taxes?

Penalties for surplus lines non-compliance can vary from state to state, but the most common infractions include penalties and additional fees, which will accrue interest if unpaid. If issues are not addressed, more severe penalties such as loss of business licenses and potential litigation are possible.

Related Terms

Annual Report Filing


Surplus Lines Tax

Zero Report Filing

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