Business, 24.02.2020 16:42 slrc6130

State X's premium tax rate is 2 percent. State Y's premium tax rate is 3 percent. State X insurers are required to pay the 3 percent rate on business written in State Y. State X requires insurers from State Y to pay a 3 percent premium tax on business written in State X, even though the premium tax rate is only 2 percent in State X. This practice is known as a : A) retaliatorytaxlaw. B) risk-basedcapitalrequirement. C) taxtariff. D) guarantyfundassessment

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