A state tax levied on commercial insurance premiums.
A tax, imposed by each state, on the premium income of insurers doing business in the state.
A state tax on the premium (cost) of the structured settlement annuity. This tax ranges from 1% to 3.5%, but is only found in approximately 13 states. It is included within the cost of the structured settlement annuity. The application of the tax is based on the state of residence of the owner of the structured settlement annuity. The premium tax issue is usually rendered moot because the vast majority of structured settlements are placed with an Internal Revenue Code Section 130 qualified assignment, and the qualified assignment companies are traditionally located in states that do not have a premium tax.
A state tax collected from an insurance company as a percentage of premiums paid.
A state sales tax on insurance premiums.
A taxed charged by the state or any other governmental authority on either the premium payment or value of the separate account. (see State Premium Taxes)
Tax levied on an insurer's premium income by the government.
A tax charged by certain states or any other governmental authority on either the premium payment or value of the Separate Account.
A tax that a state or province levies on an insurer's premium income earned within that state or province.
A state tax on premiums. Paid by the insurer, a resident company is paying approximately 1.7% and a non-resident company's premium tax can be higher depending on its level of investment in the state.
see Insurance premium tax.
A state tax on premiums paid by its residents and businesses and collected by insurers.
