I'm tax-exempt. Do I still have to pay surplus line taxes and fees?
Yes. By saying you are tax-exempt, you probably mean you are a
nonprofit or charitable organization and have one or both of the
following: (1) an exemption from Illinois Retailers' Occupation
Tax -- commonly referred to as sales tax; (2) A Federal Income Tax exemption.
These exemptions are only for the taxes to which they specifically refer and offer you
no relief from Surplus Line Tax, Fire Marshal Tax or
Association Stamping Fees.
The materials and information contained herein are only synopses of laws,
regulations and other information and do not constitute legal advice. It is
recommended that you consult your legal advisers regarding application of
state and federal laws and regulations to any particular situation. The
Surplus Line Association does not undertake and hereby disclaims any
obligation to advise you of any change to laws and
regulations or the procedures of the Surplus Line Association.