Court Opinion

ID: 9733500
Source: CourtListenerOpinion
Date Created: 2023-08-26 17:09:21.997768+00
Date Added: 2024-06-11T18:26:42.069501
License: Public Domain

PRICE, Chief Justice,
Concurring in Part and Dissenting in Part.
I concur with the majority opinion except as it limits the ability of insurance companies to deduct their “examination fees paid” from “premium taxes payable” only in the year of examination. No such limitation is expressly stated in Section 148.400, RSMo 1994. In pertinent part, the language of that section reads:
*532All insurance companies ... may deduct from premium taxes payable ... examination fees paid ...”
With all due respect to the majority’s attempt to parse the statute and to consider other statutory language, I believe this language is most simply and clearly read to allow the deduction from any premium taxes payable, even in future years.