044-15 Wyo. Code R. § 15-5
Current through April 27, 2019
(a) Liability Risk Retention Group Taxes
Each risk retention group shall file with the commissioner a report of all premiums paid to it for risks insured by it located, resident or to be performed within or properly allocated to this state in a form the commissioner prescribes and requires pursuant to the provisions of W.S. § 26-4-103 and W.S. § 26-36-105(d).
(b) Purchasing Group Taxes
Premium taxes and taxes on premiums paid for coverage of risks resident or located in this state by a purchasing group or any member of the purchasing groups shall be:
- (i) Imposed at the same rate and subject to the same interest, fines and penalties as that applicable to premium taxes and taxes on premiums paid for similar coverage from a similar insurance source by other insureds; and
- (ii) Paid first by such insurance source, and if not by such source by the agent or broker for the purchasing group, and if not by such agent or broker then by the purchasing group, and if not by such purchasing group then by each of its members.
044-15 Wyo. Code R. § 15-5
Adopted, Eff. 12/9/2016.