§ 6-103

Maryland § 6-103

• Jurisdiction: Maryland
• Article gin: Insurance
• Title: 6

Text

The tax rate is:

(1) 0% for premiums for annuities; and

(2) 2% for all other premiums, including:

(i) gross receipts received as a result of capitation payments made to a managed care organization, supplemental payments, and bonus payments; and

(ii) subscription charges or other amounts paid to a for-profit health maintenance organization.