How should the Louisiana Tax and SLIP+ transaction fee be listed on the Declarations page?
It is not necessary to show the 96% General LA tax / 4% LA Fire Marshall tax split on policy documents.
Louisiana surplus lines taxes and the SLIP+ transaction fee can be itemized as seen below:
Louisiana surplus lines taxes and the SLIP+ transaction fee can be itemized as seen below:
- Louisiana Tax (4.85% of premium + taxable policy fees)
- SLIP+ transaction Fee (0.175% of premium + taxable policy fees)