All corporations, companies and associations not incorporated under the laws of this state and which are engaged in the village in effecting or soliciting fire insurance shall pay to the village treasurer or the representative of the treasurer, upon July 15 of each and every year, at the percentage rate, set out in section 1-12-3 of this title, under the category "taxes", of the gross receipts of premiums received by such corporation, company or association or their agency or agents for business effected or transacted for fire insurance within the village for the year ending July 1, preceding said dates. The amount shall be a tax or license fee upon all such corporations, companies or associations transacting such business within the village. (1988 Code § 1-9C-11; amd. 2009 Code)