Unified Government of Georgetown-Quitman County Commission |
Code of Ordinances |
Part II. CODE OF ORDINANCES |
Chapter 15. BUSINESS AND BUSINESS REGULATIONS |
Article III. BUSINESS LICENSE FEES |
Division 1. INSURANCE COMPANIES |
§ 15-63. Gross premiums tax imposed on life insurers.
There is hereby levied for the year 2012 and for each year thereafter an annual tax based solely upon gross direct premiums upon each insurer writing life, accident and sickness insurance within the State of Georgia in an amount equal to one percent of the gross direct premiums received during the preceding 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 15-61 of this division.
(Ord. No. 01-11, § 3, 12-13-11)