N.Y. Tax Law § 1551: Imposition of tax

§ 1551. Imposition of tax. There is hereby imposed on any person whose

home state is New York and who purchases or renews a taxable insurance

contract from an insurer not authorized to transact business in this

state under a certificate of authority from the superintendent of

financial services a tax at the rate of three and six-tenths percent of

the premiums paid or to be paid, less returns thereon, for such

insurance. Nothing in this article modifies or abrogates any provision

of the insurance law.