Premium tax liability definition

Premium tax liability. MEANS THE LIABILITY IMPOSED BY SECTION 10-3-209 OR 10-6-128, C.R.S., OR, IN THE CASE OF A REPEAL OR REDUCTION BY THE STATE OF THE LIABILITY IMPOSED BY SECTION 10-3-209 OR 10-6-128, C.R.S., ANY OTHER TAX LIABILITY IMPOSED UPON AN INSURANCE COMPANY BY THE STATE.
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Premium tax liability means the liability imposed by section
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Premium tax liability means the fees imposed under s. 76.60, 76.63, 76.65, 12 76.66, or 76.67.
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Examples of Premium tax liability in a sentence

  • IF THE QUALIFIED TAXPAYER CANNOT USE THE ENTIRE AMOUNT OF THE TAX CREDIT FOR THE TAXABLE YEAR IN WHICH THE TAXPAYER IS ELIGIBLE FOR THE CREDIT, THE EXCESS MAY BE CARRIED OVER TO SUCCEEDING TAXABLE YEARS AND USED AS A CREDIT AGAINST THE PREMIUM TAX LIABILITY OF THE TAXPAYER FOR THOSE TAXABLE YEARS; EXCEPT THAT THE CREDIT MAY NOT BE CARRIED OVER TO ANY TAXABLE YEAR THAT BEGINS AFTER DECEMBER 31, 2031.

  • IDAHO DEPARTMENT OF INSURANCE PREMIUM TAX LIABILITY The worker’s compensation tax credit can never exceed the worker’s compensation premiums tax liability at the Idaho rate of 1.50%.

  • All unused credits against state premium tax liability may be carried forward for up to ten years from the date on which the credit may first be utilized.(3) A CERTIFIED INVESTOR CLAIMING A CREDIT AGAINST STATE PREMIUM TAX LIABILITY EARNED THROUGH AN INVESTMENT IN A CERTIFIED CAPITAL COMPANY SHALL NOT BE REQUIRED TO PAY ANY ADDITIONAL OR RETALIATORY TAX AS A RESULTOF CLAIMING SUCH CREDIT.10-3.5-106.

  • IDAHO DEPARTMENT OF INSURANCE PREMIUM TAX LIABILITY The worker’s compensation tax credit can NEVER exceed the worker’s compensation premiums tax liability at the Idaho rate of 1.50%.

  • IDAHO DEPARTMENT OF INSURANCE PREMIUM TAX LIABILITY The worker’s compensation tax credit can NEVER exceed the worker’s compensation premium tax liability at the Idaho rate of 1.50%.


More Definitions of Premium tax liability

Premium tax liability means tax on the value of the economic benefit attributable to the life insurance protection provided to the Participant under the Split Dollar Agreement.
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Premium tax liability means any liability incurred by an insurance company under the provisions of s. 624.509 and s. 624.5091.
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Related to Premium tax liability

  • State premium tax liability means any liability

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Unpaid estimated income tax means estimated income tax due but not paid by the date the tax is required to be paid under applicable law.

  • Transaction Tax Deductions means any Tax deductions relating to (i) any pay down or satisfaction of Company Indebtedness or other Indebtedness, (ii) the payment or incurrence of any Transaction Expenses or Transaction Bonus Payments and (iii) any other deductible payments attributable to the Contemplated Transactions economically borne by the Seller. For this purpose, any success-based fees shall be treated as deductible in accordance with Rev. Proc. 2011-29.

  • Income Taxes means any Tax that is imposed on or measured by or referred to as income, gross income, gross receipts, profits, capital stock, franchise or other similar Tax.

  • Income Tax Returns mean all Tax Returns that relate to Income Taxes.

  • Tax or “Taxes” means any federal, state, local or foreign income, gross receipts, property, sales, use, license, excise, franchise, employment, payroll, withholding, alternative or add on minimum, ad valorem, transfer or excise tax, or any other tax, custom, duty, governmental fee or other like assessment or charge of any kind whatsoever, together with any interest or penalty, imposed by any Governmental Entity.

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).