Salt Lake Telegram | 1918-12-18 | Page 9 | Approve New Tax upon Insurance

APPROVE NEW TAX UPON INSURANCE By Asseclsttd Press. WASHINGTON, Iec. IS. New taxes on fire, marine, casualty and other in- surame companies were adopted by I the at-nate finance committee today, j which Is considering the revenue bill. In lieu of th-? house tax of 1 cent on a h II of premiums charged for ln- sura nee other than life insurance, the , committee approved the following rates ( on iMihcie written: I Kir Insurance, 1 per oent-; marine im-urance, 13 per cent on Inland and , 21 per cent on export policies; can-; can-; u.tlty, fidelity, burglary, plateaus and j similar insurance, J V per cent.