South Carolina Statutes
§ 38-43-780 — Premium tax on travel insurance premiums.
(A)A travel insurer shall pay premium tax pursuant to Section 38-7-20 on travel insurance premiums paid by:
(1)an individual primary policyholder who is a resident of this State;
(2)a primary certificate holder who is a resident of this State who elects coverage under a group travel insurance policy; or (3) a blanket travel insurance policyholder that is a resident in, or has its principal place of business or the principal place of business of an affiliate or subsidiary that has purchased blanket travel insurance in, this State for eligible blanket group members, subject to any apportionment rules which apply to the insurer across multiple taxing jurisdictions or that permits the insurer to allocate premiums on an apportioned basis in a reasonable and equitable manner in those jurisdic
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South Carolina § 38-43-780 (Premium tax on travel insurance premiums.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2021 Act No. 50 (S.435), SECTION 3, eff May 17, 2021.
Nearby Sections
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§ 38-43-10
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Individual and agency insurance producer licensing; written examinations; contents of license.§ 38-43-101
Insurance producer applicants licensed in another state; qualifying standards; application process.§ 38-43-106
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Unlawfully representing unlicensed insurer.§ 38-43-20
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Selling stock in insurer.