299.530 Annual report on reinsurance premiums -- Tax on premiums paid to
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/ky/299-530A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
unauthorized companies. All domestic mutual fire insurance companies referred to in KRS 299.470 or cooperative and assessment fire insurance shall by March 1 of each year, file with the Department of Revenue a report showing the amount of premiums contracted for by them in a reinsurance company during the preceding calendar year, and shall pay at the time of making the return a tax of two dollars ($2) on each one hundred dollars ($100) of the premiums paid to any company not authorized to do business in this state.