{"data":{"id":"us-ny/n.y.-tax-law-1551","jurisdiction":"us-ny","citation":"N.Y. Tax Law § 1551","heading":"Imposition of tax","body":"§ 1551. Imposition of tax. There is hereby imposed on any person whose\nhome state is New York and who purchases or renews a taxable insurance\ncontract from an insurer not authorized to transact business in this\nstate under a certificate of authority from the superintendent of\nfinancial services a tax at the rate of three and six-tenths percent of\nthe premiums paid or to be paid, less returns thereon, for such\ninsurance. Nothing in this article modifies or abrogates any provision\nof the insurance law.","path":["Tax Law","Article 33-A. Tax On Independently Procured Insurance"],"source_url":"https://legislation.nysenate.gov/api/3/laws/TAX/1551","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"bd611b5ad2a1d12ad2ef32a39fd7b50880acb9f70ec28f9336a6ba6e3468fe21","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-tax-law-1550","next":"us-ny/n.y.-tax-law-1552"},"notice":"GroundRules: Original legal text. Not legal advice."}