Equitable Life Assurance Soc. of United States v. Pennsylvania

Citations

• 238 U.S. 143
• 35 S. Ct. 829
• 59 L. Ed. 1239
• 1915 U.S. LEXIS 1609

Syllabus

<p>A State may tax life insurance companies upon business done within the State and measure the tax upon the premiums on policies of residents of the State; and, in estimating the amount of premiums, those paid by residents to foreign insurance companies outside of the State may be included without depriving such companies of their property without due process of law.</p> <p>Taxation has to be determined by general principles.</p> <p>The Pennsylvania Act of 1895, levying a tax of two per cent, on gross premiums, of life insurance companies received for business done within the State, does not amount to taxing property beyond its jurisdiction as to the premiums paid directly to a corporation outside of the State. Union Transit Co. v. Kentucky, 199 U. S. 194, distinguished.</p> <p>239 Pa. St. 288, affirmed.</p>