Vermont § 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
Full text of Vermont Vermont Statutes Online § 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, with citation guidance and answers to common questions.
§ 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.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 8553
What does Vermont Statutes Online § 8553 cover?
Section 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") 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 § 8553?
A common citation format is "Vermont Statutes Online § 8553" (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 § 8553 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.