States levy insurance premium taxes, which are essentially gross receipt taxes on premiums. An unusual characteristic of insurance premium taxes is that in each state in which an insurance company writes premiums, the firm pays the higher of the tax rate in the state in which the company is domiciled and the state in which the policy is written. Thus, the choice of location has a significant effect on the firm's tax liability. Using firm‐level data for the property‐casualty (P‐C) insurance industry, we calculate the firm‐specific tax rate for each P‐C firm for every possible state of domicile. We estimate conditional logistic models to analyze the effect of insurance premium taxes on the choice of the state of domicile of existing and relocated firms. We find robust evidence of a small, negative, and statistically significant effect of these taxes on the choice of the state of domicile.

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税收对财产保险公司所在地的影响

各州征收保险费税，基本上是对保费征收的总收入税。保险费税的一个不同寻常的特点是，在保险公司承保保费的每个州，公司支付公司注册地州和保单承保地州的较高税率。因此，地点的选择对公司的纳税义务有显着影响。使用财产-意外险 (P-C) 保险行业的公司层面数据，我们计算每个 P-C 公司在每种可能的住所状态下的特定公司税率。我们估计条件逻辑模型来分析保险费税对现有和搬迁公司住所状态选择的影响。我们发现了一个小的、负面的、