§ 12-77. Same—All other insurers.  


Latest version.
  • There is hereby levied an annual tax based solely upon gross direct premiums upon each insurer, other than an insurer transacting business in the class of insurance designated in O.C.G.A. § 33-3-5(1), doing business within the state in an amount equal to 2.5 percent of the gross direct premiums received during the preceding calendar year in accordance with O.C.G.A. § 33-8-8.2. The premium tax levied by this section is in addition to the license fees imposed by section 12-73.

(Prior Code, § 40-5)