{"code":"RTC","codeName":"Revenue and Taxation Code","section":"12076","citation":"Rev. & Tax. Code, § 12076","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. OTHER TAXES [6001. - 61050.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2"},{"name":"PART 7. INSURANCE TAXATION [12001. - 13170.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-7"},{"name":"CHAPTER 2. Ocean Marine Insurance [12071. - 12107.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-7/chapter-2"},{"name":"ARTICLE 1. Definitions [12071. - 12078.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-7/chapter-2/article-1"}],"history":"Added by Stats. 1941, Ch. 113.","effective":null,"html":"<p>“Expenses incurred” includes specific and general expenses incurred in the current calendar year on ocean marine contracts written within the United States.</p>","text":"“Expenses incurred” includes specific and general expenses incurred in the current calendar year on ocean marine contracts written within the United States.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/definitions-12076","source":"California Legislative Information bulk export (pubinfo)"}