reglab/housing_qa huggingface dataset:
32 V.S.A. § 8551
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 211 - Corporation Taxes|§ 8551. Imposition, rate and basis of tax

§ 8551. Imposition, rate and basis of tax|A domestic or foreign insurance company, association, or society, other than life, or a surety or guaranty company, doing business in this State, shall pay a tax to the State, which is hereby assessed at the rate of two percent per annum on the gross amount of premiums and assessments written on its business in this State, but not including premiums received for reinsurance. A domestic or foreign life insurance company, doing business in this state, shall pay a tax to the State, which is hereby assessed at the rate of two percent per annum on the gross amount of premiums and assessments collected on its business in this State, but not including premiums received for reinsurance.
32 V.S.A. § 8552
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 211 - Corporation Taxes|§ 8552. Returns

§ 8552. Returns|A domestic insurance company, association or society, other than life, or surety or guaranty company shall pay a tax to the State on the gross amount of premiums and assessments written and not taxed in other states and shall pay a tax to the State on the gross amount of premiums and assessments collected and not taxed in other states and shall include such business in its returns. A domestic life insurance company shall pay a tax to the State on the gross amount of premiums and assessments collected and not taxed in other states and shall include such business in its returns. The term "taxed in other states" means:  (1)(A) A tax imposed by another state on premiums and paid directly by the company, association, society, surety, guaranty, or life insurance company to such other state under an insurance premiums tax of the same general kind as found in subchapter 7 of chapter 211 of this title; or  (B) A corporate income or franchise tax in which the premiums taxed under subdivision (A) of this subdivision (1) are a factor in the computation thereof; or  (2) A tax of the same general kind as found in 8 V.S.A. § 5035, imposed by another state upon surplus lines premiums which is paid directly or indirectly to that state by agents or brokers of the Vermont domestic insurer which is not itself authorized to do business in that state. (Amended 1975, No. 185 (Adj. Sess.), § 1, eff. March 25, 1976.)
32 V.S.A. § 8553
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 211 - Corporation Taxes|§ 8553. Time of payment

§ 8553. Time of payment|Such tax shall be based upon the business of such company, association, or society during the year terminating with December 31 preceding. It shall be paid quarterly on or before the last day of the second calendar month following the quarter ending the last day of March, June, September, and December of each calendar year and shall be computed either upon the business of such company, association, or society during the quarter for which the payment is made, or upon an estimated basis predicated upon prior years business, upon forms to be prescribed by the Commissioner of Taxes. Where the aggregate tax imposed upon a company, association, or society is reasonably expected to be less than $500.00 for the calendar year it may be paid on an annual basis not later than the last day of February following the close of the year. Such company, association, or society shall annually make a final reconciliation return on or before the last day of February in the manner provided in section 8123 of this title. (Amended 1975, No. 67, § 1, eff. Jan. 1, 1976.)
32 V.S.A. § 8554
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 211 - Corporation Taxes|§ 8554. Deductions

§ 8554. Deductions|In determining the amount of taxes to be assessed under the provisions of sections 8551 and 8552 of this title, there shall be deducted from the full amount of such premiums and assessments all sums paid for return premiums on cancelled policies upon risk located in this State and dividends actually paid or allowed to policyholders residing therein. Nothing in this section shall be construed to allow dividends in scrip, in stock, mutual or mixed companies, or surrender values for life policies, to be considered return premiums.
32 V.S.A. § 8555
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 211 - Corporation Taxes|§ 8555. Reciprocal provisions

§ 8555. Reciprocal provisions|If another state or country imposes upon or requires of a domestic insurance, surety, or guaranty company or its agents doing business therein, taxes exceeding those imposed by this State upon or required of foreign insurance, surety, or guaranty companies doing business herein, an insurance, surety, or guaranty company organized under the laws of such other state or country and its agents doing business in this State, shall be subject to taxes similar to those so imposed in such other state or country; and the same shall be imposed, required, and enforced as like taxes are under the laws of this State.
32 V.S.A. § 8556
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 211 - Corporation Taxes|§ 8556. Exemption

§ 8556. Exemption|For the purposes of this subchapter, a continuing care retirement community certified under 8 V.S.A. chapter 151 shall not be deemed to be an insurance company or other entity subject to the tax imposed by this subchapter. (Added 1987, No. 247 (Adj. Sess.), § 2.)
32 V.S.A. § 8557
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 211 - Corporation Taxes|§ 8557. Vermont Fire Service Training Council

§ 8557. Vermont Fire Service Training Council|(a)(1) Sums for the expenses of the operation of training facilities and curriculum of the Vermont Fire Service Training Council not to exceed $1,200,000.00 per year shall be paid to the Fire Safety Special Fund created by 20 V.S.A. § 3157 by insurance companies, writing fire, homeowners multiple peril, allied lines, farm owners multiple peril, commercial multiple peril (fire and allied lines), private passenger and commercial auto, and inland marine policies on property and persons situated within the State of Vermont within 30 days after notice from the Commissioner of Financial Regulation of such estimated expenses. Captive companies shall be excluded from the effect of this section.  (2) The Commissioner shall annually, on or before July 1, apportion such charges among all such companies and shall assess them for the charges on a fair and reasonable basis as a percentage of their gross direct written premiums on such insurance written during the second prior calendar year on property situated in the State. The Department of Taxes shall collect all assessments under this section. (3) An amount not less than $100,000.00 shall be specifically allocated to the provision of what are now or formerly referred to as Level I, units I, II, and III (basic) courses for entry-level firefighters. (4) An amount not less than $150,000.00 shall be specifically allocated to the Emergency Medical Services Special Fund established under 18 V.S.A. § 908 for the provision of training programs for certified Vermont EMS first responders and licensed emergency medical responders, emergency medical technicians, advanced emergency medical technicians, and paramedics. (5) The Department of Health shall present a plan to the Joint Fiscal Committee that shall review the plan prior to the release of any funds.   (b) All administrative provisions of chapter 151 of this title, including those relating to the collection and enforcement of the income tax by the Commissioner, shall apply to this section. (Added 1993, No. 87, § 1; amended 1995, No. 180 (Adj. Sess.), § 38(a); 1993, No. 186 (Adj. Sess.), § 29, eff. May 22, 1996; 2001, No. 143 (Adj. Sess.), § 6, eff. June 21, 2002; 2007, No. 190 (Adj. Sess.), §§ 33, 34; 2009, No. 42, §§ 13, 14; 2009, No. 137 (Adj. Sess.), § 28a; 2011, No. 78 (Adj. Sess.), § 2, eff. April 2, 2012; 2011, No. 139 (Adj. Sess.), § 51, eff. May 14, 2012; 2011, No. 143 (Adj. Sess.), § 62, eff. May 15, 2012; 2015, No. 134 (Adj. Sess.), § 19, eff. July 1, 2017; 2019, No. 51, § 35, eff. June 10, 2019; 2019, No. 166 (Adj. Sess.), § 30, eff. Oct. 1, 2020.)
32 V.S.A. § 8701
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 215 - Renewable Energy|§ 8701. Uniform capacity tax

§ 8701. Uniform capacity tax|(a) As used in this section, the terms "energy storage facility," "kW," "kWh," "plant," "plant capacity," and "renewable energy" shall be as defined in 30 V.S.A. §§ 201(4) and 8002; provided, however, that any tax or exemption under this chapter shall only apply to the fixtures and personal property of a plant and not to the underlying land.(b)(1) There is assessed on any renewable energy plant in Vermont commissioned to generate solar power an annual tax of $4.00 per kW of plant capacity.  (2) There is assessed on any stationary grid-connected energy storage facility in Vermont that has a plant energy rating of 600 kWh or larger and that is not connected to a renewable energy plant an annual tax of $0.50 per kWh of plant energy rating. (3) The tax imposed under this section shall be paid to the Department of Taxes not later than April 15 of each year and accompanied by a return with such information as the Department of Taxes may require. The Department of Taxes shall deposit the taxes collected under this section into the Education Fund. The Department of Taxes may adopt procedures and rules necessary to implement the tax in this section.   (c) A renewable energy plant that generates electricity from solar power shall be exempt from taxation under this section if it has a plant capacity of less than 50kW. An energy storage facility shall be exempt from taxation under this section if it has a plant energy rating of less than 600 kWh.(d) The existence of a renewable energy plant or energy storage facility subject to tax under subsection (b) of this section shall not:  (1) alter the exempt status of any underlying property under section 3802 or subdivision 5401(10)(F) of this title; or (2) alter the taxation of the underlying property under chapter 135 of this title. (Added 2011, No. 127 (Adj. Sess.), § 1, eff. Jan. 1, 2013; amended 2013, No. 73, § 41, eff. June 5, 2013; 2013, No. 174 (Adj. Sess.), § 29, eff. Jan. 1, 2015; 2021, No. 54, § 16.)
32 V.S.A. § 8900
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8900. Statutory purposes

§ 8900. Statutory purposes|(a) The statutory purpose of the exemption for pious or charitable institutions or volunteer fire companies in subdivision 8911(3) of this title is to lower the operating costs of pious and charitable organizations considered exempt under subdivision 3802(4) of this title to allow them to dedicate more of their financial resources to furthering their public-service missions.(b) The statutory purpose of the exemption for nonregistered vehicles in subdivision 8911(5) of this title is to exclude from the tax vehicles that are not entitled to use the State highway system.(c) The statutory purpose of the exemption for gifts in subdivision 8911(8) of this title is to avoid the intrusion of a tax into sharing transactions that are common within families.(d) The statutory purpose of the exemption for persons with disabilities in subdivision 8911(12) of this title is to lessen the cost of purchasing a vehicle that has been modified to meet the physical needs of a qualifying Vermonter.(e) The statutory purpose of the exemption for veterans in subdivision 8911(14) of this title is to remove every cost to a qualifying veteran receiving a vehicle granted by the Veterans' Administration.(f) The statutory purpose of the general exemption of trade-in value in subdivisions 8902(4) and (5) of this title is to ensure the use value of a vehicle is taxed only once. (Added 2013, No. 200 (Adj. Sess.), § 20.)
32 V.S.A. § 8901
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8901. Purpose

§ 8901. Purpose|This chapter imposes a purchase and use tax on motor vehicles in addition to any other tax or registration fees. The purpose of this chapter is to thereby improve and maintain the State and interstate highway systems, to pay the principal and interest on bonds issued for the improvement and maintenance of those systems and to pay the cost of administering this chapter. The administration of this chapter is vested in the Commissioner of Motor Vehicles and his or her authorized representatives. The Commissioner may prescribe and publish regulations to carry into effect the provisions of this chapter, which regulations, when reasonably designed to carry out the intent of this chapter, shall have the same force as if enacted herein. (Added 1959, No. 327 (Adj. Sess.), § 1, eff. March 1, 1960.)
32 V.S.A. § 8904
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8904. Completion of form

§ 8904. Completion of form|(a) Every person selling or leasing a motor vehicle in Vermont shall at the time of selling or leasing a motor vehicle compute for the purchaser or lessee the tax imposed by subsection 8903(a), (b), (f), or (g) of this title and complete in its entirety the tax form prescribed and furnished by the Commissioner.(b) When the seller or lessor of a motor vehicle fails to fill out the tax form as required in subsection (a) of this section, he or she shall be subject to the penalties under section 8909 of this title or if he or she is a registered dealer, the Commissioner may suspend the dealer registration. Such suspension shall be for a reasonable time and shall not exceed 10 days for each offense and shall be made only after a finding that the failure of such dealer is willful and intentional and not the result of inadvertence. (Added 1959, No. 327 (Adj. Sess.), § 4, eff. March 1, 1960; amended 1963, No. 113, eff. May 28, 1963; 1995, No. 19, § 4, eff. April 17, 1995.)
32 V.S.A. § 8905
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8905. Collection of tax

§ 8905. Collection of tax|(a) Every purchaser of a motor vehicle subject to a tax under subsection 8903(a) of this title shall forward such tax form to the Commissioner, together with the amount of tax due at the time of first registering or transferring a registration to such motor vehicle as a condition precedent to registration thereof.(b) Every person subject to a use tax under subsection 8903(b) of this title shall forward such tax form and the tax due to the Commissioner with the registration application or transfer, as the case may be, and fee at the time of first registering or transferring a registration to such motor vehicle as a condition precedent to registration thereof.(c) If the tax due under subsection (a), (b), (e), or (f) of this section is not paid as provided, a penalty of an additional one percent of taxable cost or $150.00, whichever is smaller, shall be added to the tax due.(d) Every person required to collect the use tax under subsection 8903(d) of this title shall forward such tax and a report of same on forms prescribed and furnished by the Commissioner at the frequency determined by the Commissioner.(e) Every lessor of a motor vehicle shall collect the tax imposed by subsection 8903(a) or (b) of this title from the lessee and remit it to the Commissioner at the time of registration of the motor vehicle, in the case of the first lease of a motor vehicle, and within 30 days after any extension of the lease or any subsequent lease of the motor vehicle. Every lessor of a motor vehicle shall collect the tax imposed by subsection 8903(f) of this title from the lessee and remit it to the Commissioner within 30 days after the end of the motor vehicle lease contract. If the lessor fails to collect the tax imposed by subsections 8903(a), (b) or (f) of this title, the lessee shall pay the tax directly to the Commissioner within the time prescribed for payment.(f) Every person subject to the tax imposed by subsection 8903(g) of this title shall forward the tax form and the tax due to the Commissioner along with the title application and fee at the time of applying for a certificate of title to such motor vehicle as a condition precedent to the titling thereof. (Added 1959, No. 327 (Adj. Sess.), § 5, eff. March 1, 1960; 1966, No. 66 (Sp. Sess.), § 3; 1967, No. 6, § 1, eff. Feb. 17, 1967; 1969, No. 276 (Adj. Sess.), § 9; 1975, No. 96, § 2, eff. July 1, 1976; 1983, No. 251 (Adj. Sess.), § 4, eff. Jan. 1, 1985; 1989, No. 127 (Adj. Sess.), § 6, eff. March 15, 1990; amended 1995, No. 19, §§ 5, 6, eff. April 17, 1995.)
32 V.S.A. § 8906
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8906. Tax form contents

§ 8906. Tax form contents|Except as otherwise provided pursuant to subdivision 8905(d) of this title, such tax form shall require information as to the purchase price of the motor vehicle, the value of any motor vehicle accepted in trade together with its make, type, serial or identification number, and year of manufacture and the make, type, serial or identification number, and year of manufacture of the motor vehicle purchased. (Added 1959, No. 327 (Adj. Sess.), § 6, eff. March 1, 1960; amended 1983, No. 251 (Adj. Sess.), § 5, eff. Jan. 1, 1985.)
32 V.S.A. § 8907
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8907. Commissioner, computation of taxable costs

§ 8907. Commissioner, computation of taxable costs|(a) The Commissioner may investigate the taxable cost of any motor vehicle transferred subject to the provisions of this chapter. If the motor vehicle is not acquired by purchase in Vermont or is received for an amount which does not represent actual value, or if no tax form is filed or it appears to the Commissioner that a tax form contains fraudulent or incorrect information, the Commissioner may, in his or her discretion, fix the taxable cost of the motor vehicle at the clean trade-in value of vehicles of the same make, type, model, and year of manufacture as designated by the manufacturer, as shown in the NADA Official Used Car Guide (New England Edition) or any comparable publication, less the lease end value of any leased vehicle. The Commissioner may compute and assess the tax due thereon, and notify the purchaser thereof forthwith by certified mail, and the purchaser shall remit the same within 15 days thereafter.(b) The Commissioner may investigate the lease end value of any motor vehicle transferred subject to the provisions of this chapter. If the listed lease end value of a motor vehicle does not represent a commercially reasonable value, the Commissioner shall establish a reasonable, commercial value for the end of the lease period. The Commissioner may make, amend, and repeal rules under 3 V.S.A. chapter 25 to establish the lease end value and may require and accept any satisfactory evidence of such value. (Added 1959, No. 327 (Adj. Sess.), § 7, eff. March 1, 1960; amended 1967, No. 116, § 3, eff. April 17, 1967; 1995, No. 19, § 7, eff. April 17, 1995; 1995, No. 80 (Adj. Sess.), § 2, eff. Feb. 28, 1996; 2017, No. 71, § 22.)
32 V.S.A. § 8908
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8908. Regulations

§ 8908. Regulations|Notwithstanding any other provision of law, the Commissioner may from time to time make regulations to provide that "taxable cost" shall not reflect a diminution for trade-in arising from a purchase of a motor vehicle in a state which does not allow a deduction for trade-in in the computation of the "taxable cost" or similar tax base in the computation of taxes imposed by a motor vehicle sales and use tax in that state. (Added 1967, No. 116, § 6, eff. April 17, 1967.)
32 V.S.A. § 8909
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8909. Enforcement

§ 8909. Enforcement|If the tax due under subsection 8903(d) of this title is not paid as hereinbefore provided, the Commissioner shall suspend the rental company's license to act as a rental company and motor vehicle registrations within the State of Vermont until such tax is paid, and such tax may be recovered with costs in an action brought in the name of the State on this statute. (Added 1959, No. 327 (Adj. Sess.), § 8, eff. March 1, 1960; amended 1966, No. 66 (Sp. Sess.), § 4; 1967, No. 116, § 4, eff. April 17, 1967; 1983, No. 251, (Adj. Sess.), § 6, eff. Jan. 1, 1985; 2015, No. 147 (Adj. Sess.), § 15, eff. May 31, 2016.)
32 V.S.A. § 8910
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8910. Penalties

§ 8910. Penalties|Any person who willfully makes a false statement on such tax form prescribed and furnished by the Commissioner or any person who willfully attempts to evade the tax herein imposed shall be fined not more than $500.00. (Added 1959, No. 327 (Adj. Sess.), § 9, eff. March 1, 1960.)
32 V.S.A. § 8912
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8912. Allocation of funds

§ 8912. Allocation of funds|The taxes collected under this chapter shall be paid into and accounted for in the Transportation Fund. (Added 1959, No. 327 (Adj. Sess.), § 11, eff. March 1, 1960; amended 1981, No. 87, § 4.)
32 V.S.A. § 8913
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8913. Fraudulent collection of tax

§ 8913. Fraudulent collection of tax|No person except the Commissioner and his or her authorized representatives, including rental companies as provided in subsection 8903(d) of this title, may collect or accept payment of any tax imposed by this chapter. Any person so doing shall be presumed to have the intent to convert it to his or her own use. Any unauthorized person who willfully collects or accepts payment of such a tax, upon conviction for a first offense, shall be fined not more than $200.00 or imprisoned for not more than 90 days, or both. Upon each subsequent conviction, he or she shall be fined not more than $500.00 or imprisoned for not more than one year, or both. (Added 1959, No. 327 (Adj. Sess.), § 12, eff. March 1, 1960; amended 1983, No. 251 (Adj. Sess.), § 7, eff. Jan. 1, 1985.)
32 V.S.A. § 8914
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8914. Refund

§ 8914. Refund|Any overpayment of such tax as determined by the Commissioner shall be refunded. (Added 1959, No. 327 (Adj. Sess.), § 13, eff. March 1, 1960.)
32 V.S.A. § 8915
2021 Vermont Statutes|Title 32 - Taxation and Finance|Chapter 219 - Motor Vehicle Purchase and Use Tax|§ 8915. Reciprocal agreements

§ 8915. Reciprocal agreements|The Commissioner may enter into reciprocal agreements with appropriate officials of any other state or province under which he or she may waive all or any part of the tax imposed by this chapter upon a similar waiver by such state or province. (Added 1966, No. 66 (Sp. Sess.), § 6.)