California Revenue and Taxation Code 12106 – In computing the tax of a marine insurer issuing participating …
Current as of: 2024 | Check for updates
|
Other versions
In computing the tax of a marine insurer issuing participating policies, there shall not be included in underwriting profit the amounts refunded by the insurer on account of premiums previously paid by its policyholders.
(Added by Stats. 1961, Ch. 740.)
Terms Used In California Revenue and Taxation Code 12106
- Insurer: as used in this part includes each of the following:
California Revenue and Taxation Code 12003