§ 21-71. Imposed.

Latest version.

Pursuant to the provisions of F.S. Ch. 175, there is hereby assessed and imposed on every insurance company, corporation or other insurer engaging in or carrying on the business of property insurance, as shown by the records of the department of insurance, an excise tax in addition to all other excise or license taxes levied by the city. The excise tax shall be the percent established by state statute of the gross amount of receipts of premiums from policyholders on all premiums collected on property insurance policies covering property in the city.

(Code 1959, § 21-1; Ord. No. 2003-05, § 1, 6-9-03)

                    
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