2006 New York Code - Tax On Non-life Insurance Corporations.

 
    * § 1502-a. Tax on non-life insurance corporations. In lieu of the tax
  imposed  by  section fifteen hundred one of this article, every domestic
  insurance corporation, every foreign  insurance  corporation  and  every
  alien  insurance  corporation,  other than such corporations transacting
  the business of life insurance, (1) authorized to transact  business  in
  this  state  under a certificate of authority from the superintendent of
  insurance or  (2)  which  is  a  risk  retention  group  as  defined  in
  subsection  (n)  of  section  five  thousand  nine  hundred  two  of the
  insurance  law,  shall,  for  the  privilege  of  exercising   corporate
  franchises  or  for  carrying  on  business  in a corporate or organized
  capacity within this state, and in addition to any other  taxes  imposed
  for  such privilege, pay a tax on all gross direct premiums, less return
  premiums thereon, written on risks located or resident  in  this  state.
  The  tax  imposed  by  this  section shall be computed in the manner set
  forth in subdivision (a) of section fifteen hundred ten of this  article
  as  such  subdivision  applied to taxable years beginning before January
  first, two thousand three, except that the rate of tax imposed  by  this
  section  shall  be  one and seventy-five hundredths percent on all gross
  direct premiums, less return premiums thereon, for accident  and  health
  insurance contracts, and two percent on all other such premiums. All the
  other  provisions  in section fifteen hundred ten of this article, other
  than subdivision (b) of such section, shall apply to the tax imposed  by
  this  section.  In  no event shall the tax imposed under this section be
  less than two hundred fifty dollars.
    * NB There are 2 § 1502-a's