32 V.S.A. § 8555 — Reciprocal provisions

If another state or country imposes upon or requires of a domestic insurance, surety,
or guaranty company or its agents doing business therein, taxes exceeding those imposed
by this State upon or required of foreign insurance, surety, or guaranty companies
doing business herein, an insurance, surety, or guaranty company organized under the
laws of such other state or country and its agents doing business in this State, shall
be subject to taxes similar to those so imposed in such other state or country, and
the same shall be imposed, required, and enforced as like taxes are under the laws
of this State.