Statutes > Kentucky Statutes > CHAPTER 136 CORPORATION AND UTILITY TAXES > 136.335 Irrevocable election of method of taxation for domestic life insurance companies -- Time of filing.

136.335 Irrevocable election of method of taxation for domestic life insurance companies -- Time of filing.

Download pdf

Loading PDF...


Page 1 of 1 136.335 Irrevocable election of method of taxation for domestic life insurance companies -- Time of filing. Beginning with calendar year 2000, every life insurance company incorporated under the <br>laws of and doing business in Kentucky shall make an irrevocable election whether to be <br>taxed under the provisions of KRS 136.320 or 136.330. For insurance companies <br>incorporated under the laws of and doing business in Kentucky, prior to January 1, 2000, <br>the election shall be filed with the commissioner of insurance and the commissioner of <br>the Department of Revenue on or before January 1, 2000. For insurance companies <br>applying for a certificate to do business in Kentucky as a domestic life insurance <br>company, after January 1, 2000, the election shall be filed with the company's initial <br>application for certificate of authority to do business in Kentucky. Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 24, sec. 100, effective July 15, 2010. -- Amended 2005 Ky. Acts ch. 85, sec. 322, effective June 20, 2005. -- Created 1998 Ky. Acts <br>ch. 233, sec. 3, effective July 15, 1998.