What is the deadline for surplus lines tax payment?

The deadline for surplus lines tax payment is set as April 15 each year. However, since April 15 can sometimes fall on a weekend or holiday, the actual deadline can extend to the following Monday. In this scenario, the option that closely aligns with this regulation is April 16.

In Missouri, surplus lines brokers must ensure that any taxes owed are paid by this deadline to maintain compliance with state regulations. It is essential for brokers to keep accurate records and be aware of these deadlines to avoid penalties or other issues related to tax compliance. Thus, the correct answer reflects the requirement of ensuring that surplus lines taxes are submitted in a timely manner, reaffirming the importance of adhering to regulatory obligations.