{"data":{"id":"us-ia/iowa-code-432.4","jurisdiction":"us-ia","citation":"Iowa Code § 432.4","heading":"Deduction for debts.","body":"No deduction or exemption from the taxes herein provided shall be allowed for or on account of any indebtedness owing by any such insurance company or association; provided, however, that companies doing a fire insurance business may deduct from the gross amount of premiums received, the amount of premiums returned upon canceled policies issued upon property situated in this state.","path":["Title X - FINANCIAL RESOURCES (Ch. 421 - 454)","Chapter 432 - INSURANCE COMPANIES TAX"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/432.4.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:11Z","sha256":"e4f6794e3f93c2c06769cb3bdf6311aa95a17e8af15152afe2274770d535f63c","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-432.3","next":"us-ia/iowa-code-432.5"},"notice":"GroundRules: Original legal text. Not legal advice."}