Record #:

32317

Author(s):

Not Given

Abstract:

Governor Scott proposed in the legislative budget to increase the gross premium tax on insurance companies doing business in North Carolina. The state’s life insurance industry believes this is an undue tax burden, which would further result in driving off investment capital from the state, placing the domestic life insurance industry at a further disadvantage in competing with out-of-state firms.

Source:

We the People of North Carolina (NoCar F 251 W4), Vol. 27 Issue 4, Apr 1969, p24-46, il

Subject(s):

North Carolina. General Assembly--Budget; Taxation--North Carolina; Insurance industry