Alabama Code (Last Updated: November 28, 2014) |
Title40 REVENUE AND TAXATION. |
Chapter14B. CERTIFIED CAPITAL COMPANY; PREMIUM TAX CREDIT. |
§40-14B-19. Rate making for insurance contract.
Latest version.
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A certified investor is not required to reduce the amount of premium tax included by the investor in connection with rate making for any insurance contract written in this state because of a reduction in the investor's Alabama premium tax derived from the credit granted under this chapter.