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Code · STATUTES-AT-LARGE · Vol. 16 STAT. · March 3, 1871 · Chapter CXII

Chapter CXII. relating to internal Taxes

131 words·~1 min read·/statutes-at-large/vol-16/chapter-cxii-2085493·

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CHAP. CXII.— An Act relating to internal Taxes.March 3, 1871. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,* That from and after the passageNo tax to be imposed upon certain sums added to the contingent fund of insurance companies. of this act no tax shall be imposed upon any undistributable sum added to the contingent fund of any fire, marine, inland, life, health, accident, or like insurance company, nor upon any unearned premium or premiums received for risks assumed by such companies, nor shall any tax be hereafter collected which may have been assessed, or which shall have become liable to be assessed, upon such sums, fund, or premiums prior to the passage of this act.
Approved, March 3, 1871.
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