Tag Archives: Documentary stamp tax is levied on every document which establishes that insurance was made or renewed upon a life.

Documentary stamp tax is levied on every document which establishes that insurance was made or renewed upon a life.

As can be gleaned from the facts, the deficiency documentary stamp tax was assessed on the increases in the life insurance coverage of two kinds of policies: the “Money Plus Plan,” which is an ordinary term life insurance policy; and … Continue reading

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