Maine § 2523. - Taxation of workers' compensation insurers
Full text of Maine Maine Revised Statutes § 2523. — Taxation of workers' compensation insurers, with citation guidance and answers to common questions.
§ 2523.. Taxation of workers' compensation insurers
1. Tax on insurance companies. Every insurance company or association which does business or collects premiums or assessments for workers' compensation insurance in this State shall, for the privilege of doing business in this State and in addition to any other taxes imposed for that privilege, pay a tax of 2% upon all gross direct premiums written, whether in cash or in notes absolutely payable on contracts written on risks located or resident in the State for workers' compensation insurance, less return premiums thereon and less all dividends paid to policyholders.
The tax levied under this section is in lieu of the taxes levied under section 2513, insofar as those taxes are based on workers' compensation insurance premiums.
2. Returns. Insurance companies and associations shall file a return, as prescribed by the assessor, under section 2521‑A for the tax levied by this section.
3. Fund. Taxes collected under this section shall be paid forthwith by the State Tax Assessor to the General Fund.
Source: official Maine text · Last verified 2026-08-27
Frequently Asked Questions About Maine § 2523.
What does Maine Revised Statutes § 2523. cover?
Section 2523. ("Taxation of workers' compensation insurers") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 2523.?
A common citation format is "Maine Revised Statutes § 2523." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 2523. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.