Commonwealth v. Penn Mutual Life Insurance

Citations

• 252 Pa. 512
• 97 A. 677
• 1916 Pa. LEXIS 652

Syllabus

<p>Taxation — -Insurance companies — Tax on premium — Deductions for dividend — Act of June 1, 1889, P. L. Jf20.</p> <p>In computing the amount of gross premiums received hy a life insurance company in respect of which the insurance company is taxable under the Act of June 1, 1889, P. L. 420, dividends payable to the insured and actually credited upon the premiums payable by them respectively are properly deducted.</p>