432A.7 Tax payable annually.
The tax imposed by this chapter shall be paid annually, on or before the first day of June, by every insurer authorized to do the business of marine insurance in this state during any one or more of the preceding three calendar years, and the calendar year next preceding such June 1 shall be deemed the taxable year within the meaning of this section.
[C75, 77, 79, 81, ยง432A.7]
Structure Iowa Code
Chapter 432A - MARINE INSURANCE TAX
Section 432A.1 - Amount of tax on underwriting profit.
Section 432A.2 - Profit within this state.
Section 432A.3 - Profit within United States.
Section 432A.4 - Computation of net earned premiums.
Section 432A.5 - Expenses incurred.
Section 432A.6 - Computation of tax on ocean marine insurance profit.
Section 432A.7 - Tax payable annually.
Section 432A.8 - Filing tax return.
Section 432A.9 - Underwriting profits tax in lieu of other taxes.