Maine Revised Statutes Title 36 — Taxation
36 M.R.S. § 2520
Reciprocal contracts of indemnity
Official textlegislature.maine.gov
Every attorney-in-fact of a reciprocal insurer by or through whom are issued policies or contracts of indemnity by a reciprocal insurer as defined in Title 24‑A, section 402, subsection 1 , in lieu of all other taxation, state, county or municipal, in this State, shall pay a tax at the rate of 2% on gross premiums or deposits actually received during the year after deducting amounts that are actually returned to policyholders as the unused part of a premium or deposit or credited on the renewal or extension of the indemnity.
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In this chapter (35 sections)
- 2511 · Companies taxable; rate
- 2512 · Annual returns to Superintendent of Insurance
- 2513 · Tax on premiums and annuity considerations
- 2513-A · Tax on premiums of risk retention groups
- 2513-B · Tax on premiums collected by captive insurers; rate of tax
- 2513-C · Premium tax on travel insurance premiums
- 2514 · Applicability of provisions
- 2515 · Amount of tax
- 2516 · Returns to State Tax Assessor
- 2517 · Mutual fire companies doing mill business; returns
- 2518 · Neglect to make return; assessment; failure to pay
- 2519 · Ratio of tax on foreign insurance companies
- 2520 · Reciprocal contracts of indemnity
- 2521 · Power and authority of domestic companies
- 2521-A · Returns; payment of tax
- 2521-B · Self-insurers; return for calendar year 1982
- 2521-C · Returns; payment of tax
- 2521-D · Limitation on credit or refund
- 2521-E · Interest on overpayment
- 2522 · Assessment of tax; notice; suspension for nonpayment
- 2523 · Taxation of workers' compensation insurers
- 2524 · Credit for employer-assisted day care
- 2525 · Employer-provided long-term care benefits
- 2525-A · Employer-provided long-term care benefits on and after January…
- 2526 · Solid waste reduction investment tax credit
- 2527 · Educational attainment investment tax credit
- 2528 · Recruitment credit
- 2529 · Pine Tree Development Zone tax credit
- 2530 · Maine Life and Health Insurance Guaranty Association credit
- 2531 · Taxation of nonadmitted insurance coverage
- 2532 · Authority to enter into multistate agreement
- 2533 · New markets capital investment credit
- 2534 · Credit for rehabilitation of historic properties and affordable…
- 2535 · Credit for educational opportunity
- 2536 · Employer credit for family and medical leave