Nev. Rev. Stat. § 680B.039

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

Section 680B.039 - General tax on premiums: Penalty

Any insurer that fails to file the report or pay the tax as required by NRS 680B.025 to 680B.039, inclusive, within the time for filing and payment as provided in those sections shall in addition to any other applicable penalty pay a penalty of not more than 10 percent of the amount of the tax which is owed, as determined by the Department of Taxation, in addition to the tax, plus interest at the rate of 1.5 percent per month, or fraction of a month, from the date on which the tax should have been paid until the date of payment.

NRS 680B.039

Added to NRS by 1983, 713; A 1993, 1910; 1995, 469; 1997, 299; 2013, 3456; 2023, 3279

Amended by 2023, Ch. 508,§39, eff. 1/1/2024.

Amended by 2013, Ch. 532,§27.3, eff. 6/12/2013 the purpose of adopting regulations and performing any other preparatory administrative tasks that are necessary to carry out the provisions of this act, and on 10/1/2013 for all other purposes.

Added to NRS by 1983, 713; A 1993, 1910; 1995, 469; 1997, 299