The book The Taxation of Organized Beneficence was written by author Darwin Pearl Kingsley Here you can read free online of The Taxation of Organized Beneficence book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Taxation of Organized Beneficence a good or bad book?
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In one State the rate is six-tenths of 1%; In two States it is 1% ; In one State it is 1. 44% ; In one it is 1. 75%; In two it is 1^/2% ; In eleven it is 2% ; In one it is 2y 2 % on the first $5, 000 and 2% on the excess ; In one it is 2%%; In six it is 2y 2 %; And in one it is 3%. Nineteen States and the District of Columbia levy a tax upon premiums after certain deductions : In four States and in the District of Columbia the basis of the tax is premiums less dividends ; . In nine States it is... premiums less annual dividends; In one State it is premiums less death losses; In one State it is premiums less death losses not to exceed 25% of the premiums; In two States it is premiums less policy claims; In one State it is premiums less death losses, endow- ments and commissions ; In one State it is premiums less re-insurance premiums paid to domestic companies. In two States only are premiums not taxed Nevada and Massachusetts; but Massachusetts levies a tax upon the reserves of Massachusetts policy-holders, which is the most indefensible of all forms of life insurance taxation.
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