In re Taxes, C. Brewer & Co.

Citations

• 23 Haw. 96
• 1915 Haw. LEXIS 2

Syllabus

<p>Taxation — excise tax on privilege. .</p> <p>The tax imposed by Sec. 3361, R. L. 1915, on insurance companies and corporations, -which is computed on the gross earnings of such companies from all risks located in, and from all business done within, the Territory, is an excise tax for the privilege of doing business within the Territory.</p> <p>Same — income tax — double taxation.</p> <p>That an income is derived from commissions paid out of gross premiums received by fire insurance companies and that such' companies pay a privilege tax based on the amount of such gross premiums does not render a tax on such income double.</p>