American Standard Life Ins. Co. v. State

POSTER, Justice.

There is only one question in this case, and that is whether certain features of the general Revenue Act of 1927, section 3, pp. 149, 150, relating to a privilege tax on domestic insurance companies, have the effect of repealing that portion of the insurance law contained in section 8362, Code, which deals with tlie same subject, and to the extent that it is provided that, from the amount of such tax, there may be deducted the aijaount of property taxes paid by the company to the state. The privilege of such deduction is not included in the act of 1927, which does not refer to…