Commissioner of Corp. & Taxation v. Aetna Life Insurance

This is an appeal by the commissioner of corporations and taxation from a decision of the Appellate Tax Board granting an abatement to the Aetna Life Insurance Company of an additional excise tax amounting to $10,702.52 alleged by him to be due upon the premiums collected by the company for the calendar year 1947 as shown by its return filed in 1948 and assessed to the company under G. L. (Ter. Ed.) c. 63, § 20, as appearing in St. 1943, c. 531, § 1.

The company, a corporation organized under the laws of Connecticut and authorized to do business in this Commonwealth, filed a return in 1948…