Title X, FINANCIAL RESOURCES (Ch. 421 - 454)

In determining the amount of the tax imposed by this chapter , net expenses incurred shall be determined as the sum of the following: 1. Specific expenses incurred on such ocean marine insurance business, consisting of all commissions, agency expenses, taxes, licenses, fees, loss…

In determining the amount of the tax imposed by this chapter , the taxable underwriting profit of such insurer on such ocean marine insurance business written within this state, shall be ascertained as follows: 1. In the case of every such insurer which has written any such busin…

The tax imposed by this chapter shall be paid annually, on or before the first day of June, by every insurer authorized to do the business of marine insurance in this state during any one or more of the preceding three calendar years, and the calendar year next preceding such Jun…

Every insurer liable to pay the tax shall, on or before June 1 of each year, file with the commissioner of insurance a tax return in accordance with or upon forms prescribed by the commissioner of insurance. The tax shown to be due, if any, shall be paid to the director of revenu…

The tax imposed by this chapter shall be paid upon the marine underwriting profits, if any, upon all marine insurance business written in this state each calendar year. The tax on gross premiums under section 432.1 shall not be levied on marine insurance premiums reportable in a …