|
3084 LAWS OF MARYLAND Ch. 604
(d) Surplus line brokers, with respect to penalties which
become final on or after July 1, 1982, are subject to the
provisions outlining penalties, interest, audits, assessments,
limitations, appeals, and refunds, in Article 81, §§ 140 through
143A, inclusive, of the Code concerning insurance premium taxes.
(e) A surplus line broker shall be entitled to credit any
examination expense paid or assessed under § 33 of this article
against the total tax due.
Article 81 - Revenue and Taxes
139.
(a) Every insurance company subject to taxation under this
subtitle shall, on or before March 15th in each year, file with
the Insurance Commissioner a report of the new and renewal gross
direct premiums less return premiums written by it during the
preceding calendar year, and, in the case of a company issuing
perpetual policies of fire insurance, a report of the average
amount of deposits held by it during the preceding calendar year
in connection with perpetual policies of fire insurance issued on
property situated in this State and in force during such calendar
year or any part thereof. Such reports shall be verified in such
manner, and contain such information as may be prescribed by
regulation of the Insurance Commissioner.
(b) Any report or declaration mailed and postmarked by the
U.S. Postal Service on or before the filing date OR DELIVERED TO
A PRIVATE DELIVERY SERVICE RECOGNIZED BY THE COMMISSIONER IN
PERSON ON OR BEFORE THE FILING DATE IF THE DELIVERY TO THE
PRIVATE DELIVERY SERVICE IS EVIDENCED BY A RECEIPT shall be
deemed to be in compliance with the filing requirement.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1984.
Approved May 29, 1984.
CHAPTER 605
(House Bill 295)
AN ACT concerning
Sales Tax - Prepayment
FOR the purpose of authorizing the prepayment by vendors of the
retail sales tax under certain conditions; permitting the
Comptroller to set conditions; and clarifying the
|
