State ex rel. Brewster v. Wilson

Citations

• 102 Kan. 752
• 172 P. 41
• 1918 Kan. LEXIS 134

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>Insurance Companies.— State Tax upon Premiums Received — Proper Method of Computation. The annual state tax of two per cent upon all premiums received by foreign insurance companies on account of their yearly business in this state, imposed by sections 5177, 5467 and 5468 of the General Statutes of 1915, should be computed upon the total amount of premiums collected, retained and devoted to the business of the insurance companies, but any surplus of premiums not so used, but returned to the policyholders or credited to them as abatements or dividends, should be excluded from the computation.</p>