Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 680B.037 - General tax on premiums: Tax in lieu of other taxes; exception1. Except as otherwise provided in subsection 2, payment by an insurer of the tax imposed by NRS 680B.027 is in lieu of all taxes imposed by the State or any city, town or county upon premiums or upon income of insurers and of franchise, privilege or other taxes measured by income of the insurer.2. The provisions of subsection 1 do not apply to the commerce tax imposed pursuant to the provisions of chapter 363C of NRS.Added to NRS by 1983, 713; A 2015, 2950Amended by 2015, Ch. 487,§96, eff. 7/1/2015.Added to NRS by 1983, 713