Nev. Rev. Stat. § 680B.027

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 680B.027 - General tax on premiums: Rate; time for payment; prepayment; supplemental statements

1. Except as otherwise provided in NRS 680B.033, 680B.0353 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.

NRS 680B.027

Added to NRS by 1983, 713; A 1985, 1639; 1987, 893; 1989, 1842; 1991, 2029; 1993, 1446, 1909; 1995, 486, 577, 2165; 1997, 299, 593; 1999, 405, 1828, 3341; 2001, 115; 2005, 2120; 2014, 28th Special Session, 1

Amended by 2014SP1, Ch. 1,§1, eff. 1/1/2021.

Added to NRS by 1983, 713; A 1985, 1639; 1987, 893; 1989, 1842; 1991, 2029; 1993, 1446, 1909; 1995, 486, 577, 2165; 1997, 299, 593; 1999, 405, 1828, 3341; 2001, 115; 2005, 2120