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Do property-casualty insurance firms locate to minimize insurance premium taxes?

Recurso electrónico / Electronic resource
MARC record
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003  MAP
005  20190524085026.0
008  190517e20190301usa|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎215
1001 ‎$0‎MAPA20190015554‎$a‎Grace, Martin F
24500‎$a‎Do property-casualty insurance firms locate to minimize insurance premium taxes?
520  ‎$a‎States levy insurance premium taxes, which are essentially gross receipt taxes on premiums, with insurance companies paying the higher of the tax rate in the state in which the company is domiciled and the state in which the policy is written. Using firm-level data for the propertycasualty (P-C) insurance industry, we estimate the extra insurance premium tax that P-C insurance firms pay by not locating in the state that minimizes their insurance premium taxes. We find that only 4.78 percent of P-C firms are located in the state that minimizes their insurance premium taxes. We explore the relationship between the extra tax paid and other factors that are thought to be associated with firm location choice.We find that P-C firms appear to trade off higher taxes to locate in a state that is more urban.
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080601652‎$a‎Fiscalidad del seguro
650 4‎$0‎MAPA20080596972‎$a‎Impuestos especiales
650 4‎$0‎MAPA20080590567‎$a‎Empresas de seguros
651 1‎$0‎MAPA20080638337‎$a‎Estados Unidos
7001 ‎$0‎MAPA20190006149‎$a‎Sjoquist, David L.
7730 ‎$w‎MAP20077001748‎$t‎Risk management & insurance review‎$d‎Malden, MA : The American Risk and Insurance Association by Blackwell Publishing, 1999-‎$x‎1098-1616‎$g‎01/03/2019 Tomo 22 Número 1 - 2019 , p. 101-125