Vermont § 3718 - Annuity considerations Insurers shall be subject to taxation according to the provisions of Title 32; provided, however, that no tax shall be due or payable as to considerations received for annuity contracts
Full text of Vermont Vermont Statutes Online § 3718 — Annuity considerations Insurers shall be subject to taxation according to the provisions of Title 32; provided, however, that no tax shall be due or payable as to considerations received for annuity contracts, with citation guidance and answers to common questions.
§ 3718. Annuity considerations Insurers shall be subject to taxation according to the provisions of Title 32; provided, however, that no tax shall be due or payable as to considerations received for annuity contracts
- . Payment by an insurer of the tax as in Title 32 required shall be in lieu
of all taxes imposed by the State upon premiums or upon income, and of franchise,
privilege, or other taxes measured by income of the insurer. The provisions of this
section shall not be modified or repealed by any law of general application hereafter
enacted unless expressly referred to or expressly repealed therein. (Added 1967, No. 344 (Adj. Sess.), § 1 (ch. 2, subch. 1, § 18).)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 3718
What does Vermont Statutes Online § 3718 cover?
Section 3718 ("Annuity considerations Insurers shall be subject to taxation according to the provisions of Title 32; provided, however, that no tax shall be due or payable as to considerations received for annuity contracts") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 3718?
A common citation format is "Vermont Statutes Online § 3718" (Vermont). 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 Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 3718 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.