NRS 680B.027
General tax on premiums: Rate

time for payment
prepayment
supplemental statements.

1.

Except as otherwise provided in NRS 680B.033, 680B.0353, 680B.050 and 690C.110, for the privilege of transacting business in this State, each insurer shall pay to the Department of Taxation a tax upon his or her net direct premiums and net direct considerations written at the rate of 3.5 percent.

2.

The tax must be paid in the manner required by NRS 680B.030 and 680B.032.

3.

The Commissioner or the Executive Director of the Department of Taxation may require at any time verified supplemental statements with reference to any matter pertinent to the proper assessment of the tax.

Source: Section 680B.027 — General tax on premiums: Rate; time for payment; prepayment; supplemental statements., https://www.leg.state.nv.us/NRS/NRS-680B.html#NRS680BSec027.

680B.010
Fees. 680B.020
State license exclusive 680B.025
General tax on premiums: Definitions. 680B.027
General tax on premiums: Rate 680B.030
General tax on premiums: Annual report by insurer. 680B.032
General tax on premiums: Certain insurers to file quarterly report and make quarterly payment 680B.033
General tax on premiums: Computation of tax for factory mutuals. 680B.035
General tax on premiums: Payments by domestic insurers. 680B.036
General tax on premiums: Credit for policies of industrial insurance. 680B.037
General tax on premiums: Tax in lieu of other taxes 680B.039
General tax on premiums: Penalty. 680B.040
Independently procured coverages: Report 680B.050
General tax on premiums: Credit if home office or regional home office in Nevada. 680B.055
General tax on premiums: Eligibility for credit where home office or regional home office owned by limited partnership 680B.060
General tax on premiums: Collection 680B.120
Refund of overpayments. 680B.0353
General tax on premiums: Payments by certain risk retention groups. 680B.0355
Insurer to provide statement to insureds if portion of premium is attributable to general premium tax, fees or assessments under certain circumstances. 680B.0365
General tax on premiums: Credit for qualified equity investments. 680B.0395
General tax on premiums: Exemption for authorized reinsurer.

Last Updated

Feb. 5, 2021

§ 680B.027’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_680b.027

Original Source: Section 680B.027 — General tax on premiums: Rate; time for payment; prepayment; supplemental statements., https://www.leg.state.nv.us/NRS/NRS-680B.html#NRS680BSec027 (last accessed Feb. 5, 2021).