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Statutes > Kansas > Chapter40 > Article43 > Statutes_18256

40-4314

Chapter 40.--INSURANCE Article 43.--CAPTIVE INSURANCE COMPANIES

40-4314. Companies subject to premiums tax; taxes other than advalorem not applicable.Each captive insurance company shall, at the time it files thereport required by K.S.A. 40-4307, pay a tax on all premiumsreceived on riskslocated in this state at the rate prescribedin K.S.A. 40-252 A, and amendments thereto.Such taxes shall be subject to theprocedures and provisions of K.S.A. 40-252 G, 40-252b, 40-252c and 40-253,and amendments thereto.

The tax provided for in this section shall constitute all taxescollectible under the laws of this state from any captive insurancecompany, and no other occupation tax or other taxes shall be levied orcollected from any captive insurance company by the state or any county,city or municipality within this state, except ad valorem taxes on real andpersonal property used in the production of income.

History: L. 1988, ch. 156, § 14; July 1.

State Codes and Statutes

Statutes > Kansas > Chapter40 > Article43 > Statutes_18256

40-4314

Chapter 40.--INSURANCE Article 43.--CAPTIVE INSURANCE COMPANIES

40-4314. Companies subject to premiums tax; taxes other than advalorem not applicable.Each captive insurance company shall, at the time it files thereport required by K.S.A. 40-4307, pay a tax on all premiumsreceived on riskslocated in this state at the rate prescribedin K.S.A. 40-252 A, and amendments thereto.Such taxes shall be subject to theprocedures and provisions of K.S.A. 40-252 G, 40-252b, 40-252c and 40-253,and amendments thereto.

The tax provided for in this section shall constitute all taxescollectible under the laws of this state from any captive insurancecompany, and no other occupation tax or other taxes shall be levied orcollected from any captive insurance company by the state or any county,city or municipality within this state, except ad valorem taxes on real andpersonal property used in the production of income.

History: L. 1988, ch. 156, § 14; July 1.

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State Codes and Statutes

Statutes > Kansas > Chapter40 > Article43 > Statutes_18256

40-4314

Chapter 40.--INSURANCE Article 43.--CAPTIVE INSURANCE COMPANIES

40-4314. Companies subject to premiums tax; taxes other than advalorem not applicable.Each captive insurance company shall, at the time it files thereport required by K.S.A. 40-4307, pay a tax on all premiumsreceived on riskslocated in this state at the rate prescribedin K.S.A. 40-252 A, and amendments thereto.Such taxes shall be subject to theprocedures and provisions of K.S.A. 40-252 G, 40-252b, 40-252c and 40-253,and amendments thereto.

The tax provided for in this section shall constitute all taxescollectible under the laws of this state from any captive insurancecompany, and no other occupation tax or other taxes shall be levied orcollected from any captive insurance company by the state or any county,city or municipality within this state, except ad valorem taxes on real andpersonal property used in the production of income.

History: L. 1988, ch. 156, § 14; July 1.