PREMIUM TAX. State and local government premium tax, if applicable, will be deducted from Purchase Payments or Contract Value when incurred by LNY or at another time of LNY's choosing.
PREMIUM TAX. The Reinsurer shall reimburse the Ceding Company for ----------- all premium taxes incurred on the Reinsurance Premiums.
PREMIUM TAX. Any Premium Taxes levied by a state or other governmental entity will be charged against this Contract. When Premium Tax is assessed after the Purchase Payment is applied, it will be deducted as described on page 3. PURCHASE PAYMENT A Purchase Payment is money Received by the Company and applied to the Contract. RECEIVED BY THE COMPANY
PREMIUM TAX. We pay any applicable premium tax when it is due. We will deduct the amount of any applicable premium tax from the Individual Account value no earlier than when there is a tax liability. We reserve the right to deduct any premium tax due before a Contribution is allocated to an Individual Account.
PREMIUM TAX. Pursuant to Minnesota Statutes, §297I.15, subd. 4, the MCO shall be taxed on the premiums paid by the STATE under the Medical Assistance program. If the MCO is exempt or is no longer required to pay the premium tax, the MCO’s base rate will be adjusted to reflect that change.
PREMIUM TAX. We will not reimburse you for any premium taxes. THE LIFE INSURANCE COMPANY OF VIRGINIA (3935-3) Effective March 1, 1988 SCHEDULE A SPECIFICATIONS Effective March 1, 1991
PREMIUM TAX. There will be no separate reimbursement of premium tax.
PREMIUM TAX. Details of any reimbursement of premium taxes that we pay on behalf of reinsurance payments to you are shown in Exhibit C, Section VIII (Premium Taxes).
PREMIUM TAX. Reinsurer shall reimburse Ceding Company annually (or such shorter period as the parties agree) for an amount equal to the premium tax and any other tax required to be paid by Ceding Company to any State or political sub-division thereof with respect to any premiums received for the Reinsured Contracts after the Effective Date. Reinsurer shall, on a timely basis and in accordance with Section 6.01, provide Ceding Company any information necessary for Ceding Company to make such tax payments.
