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Some states have municipalities and counties that assess premium tax on insurance companies. Does Delaware require insurance companies to pay similar taxes?

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Some states have municipalities and counties that assess premium tax on insurance companies. Does Delaware require insurance companies to pay similar taxes?

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No. The 2% insurance premium tax as imposed by the State of Delaware in accordance with Title 18, the Delaware Insurance Code is a statewide tax paid by all insurance companies that offer coverage in the state. It is the only tax paid on insurance premium in Delaware.

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