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Iowa Code § 432A.2

Profit within this state

Iowa · Iowa Code Chapter 432A — Marine Insurance Tax · Status: effective

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Iowa Code § 432A.2, Profit within this state, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2248296
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The underwriting profit on such insurance written within this state shall be that proportion of the total underwriting profit of such insurer from such insurance written within the United States which the amount of net premiums of such insurer from such insurance written within this state bears to the total amount of net premiums of such insurer from such insurance written within the United States.