PART II. 
TAXES



 



§431:7-201  Annual and quarterly tax
statements.  (a)  Each authorized insurer shall file with the commissioner
annually, on or before March 1 in each year, a statement signed by a duly
authorized person on its behalf, setting forth the total business transacted,
and the amount of gross premiums reported by the insurer, pursuant to section
431:7-202, during the year ending on the preceding December 31, from all risks
or property resident, situated, or located within this State, together with
such other information as may be required by the commissioner to determine the
taxability of premiums.  The term "gross premiums" as used in this
part shall not include consideration paid for annuities.



(b)  Each authorized insurer shall file with
the commissioner quarterly, on or before the last day of the calendar month
following the quarter, a statement signed by a duly authorized person on its
behalf, setting forth the total business transacted and the amount of gross
premiums reported by the insurer, pursuant to section 431:7-202, during the
quarter from all risks or property resident, situated, or located within this
State, together with other information as may be required by the commissioner
to determine the taxability of premiums.



(c)  Any insurer failing or refusing to file
the annual tax statement on or before March 1, or the quarterly statement on or
before the last day of the calendar month following the quarter, shall be
liable for a fine in an amount not less than $100 and not more than $500 for
each day of delinquency. [L 1987, c 347, pt of §2; am L 1995, c 232, §13; am L
1998, c 202, §1; am L 2003, c 212, §41]