How To Define Premium Tax?
Premium Tax definition is: The tax levied by each state on the gross premium written by the insurance company is attributed to the risk of living in that state. The total premium issued means before the insurance session but after liquidation and subrogation.
Premium Tax means, Taxes on government premiums paid by residents and businesses and by insurance companies.
Premium Tax means, Taxes levied by each state on the premium income of insurers operating in that state.
Literal Meanings of Premium Tax
Meanings of Premium:
Price added to price or general cost.
Something is given as a gift, reward or incentive.
Sentences of Premium
Accurately, the earnings of a pensionable worker are made up of the premium paid in addition to his salary for the equivalent claim.
They are reluctant to pay too much for organic fruits
The Society des Arts gave him a bonus
Synonyms of Premium
additional fee, extra, recompense, regular payment, reward, surcharge, percentage, prize, extra amount, bonus, remuneration, perk, additional payment, insurance charge, instalment, extra charge, insurance payment
Meanings of Tax:
Tax (on something else)
High demands (power or resources)
Confront a crime or offense (from someone).
Investigation and evaluation (file fee)
Mandatory government income tax, which is levied by the government on employees' income and corporate profits, or is added to the cost of certain goods, services and transactions.
One type or more demand.
Sentences of Tax
Hardware and software are taxed at 7.5%
He knew that the next test would test his full strength.
Why are you blaming me for these baseless allegations?
The clerk collects the bill
Higher taxes will reduce consumer spending
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Synonyms of Tax
impose a toll on, condemn, toll, drain, levy a tax on, denounce, weight, blame, excise, impost, encumbrance, censure, fee, imposition, contribution, demand a tax on, levy, assessment, stretch, exact a tax on