§ 16-55. Gross premiums tax—Life insurers.  


Latest version.
  • There is hereby levied an annual tax based solely upon gross direct premiums upon each insurer writing life, accident and sickness insurance within the city in an amount equal to one (1) percent of the gross direct premiums received during the calendar year in accordance with O.C.G.A. § 33-8-8.1. "Gross direct premiums" as used in this section shall mean gross direct premiums as used in O.C.G.A. § 33-8-4. The premium tax levied by this section is in addition to the license fees imposed by section 16-52.

(Ord. of 9-13-83, § 4)