Tax on Premiums Collected

4 CMC § 7915 — under Captive Insurance Companies.

4 CMC § 7915

TITLE 4: ECONOMIC RESOURCES

DIVISION 7: INSURANCE

§ 7915.

Tax on Premiums Collected.

Each captive insurance established in the CNMI shall pay 2% taxes to the government of the CNMI on its premium or other insurance income. Source: PL 24-03, § 2 (June 12, 2025).