379.290. Tax to be paid upon premiums. - Missouri Statutes

Tax to be paid upon premiums.

379.290. Every mutual insurance company or associationadmitted to Missouri under the provisions of sections 379.205 to379.310 shall annually pay to the director of revenue a tax uponthe direct premiums received, whether in cash or in notes, inthis state, for the insurance of property or risks in this stateat the rate of two percent per annum; provided, that suchcompanies or associations shall be credited with canceled orreturn premiums actually paid during the year in this state.

(RSMo 1939 § 5968, A.L. 1941 p. 399, A.L. 1945 p. 1021)

Prior revisions: 1929 § 5857; 1919 § 6267