 Amounts received under a life insurance contract paid by reason of the death of the insured, whether in a single sum or otherwise (but if such amounts are held by the insurer under an agreement to pay interest thereon, the interest payments shall be included...  Reports of the U.S. Board of Tax Appeals - Page 371by United States. Board of Tax Appeals - 1939Full view - About this book
 | New York (State) - 1935 - 1272 pages
...and sixty -six of the laws of nineteen hundred thirty-three, is hereby amended to read as follows: a. Amounts received under a life insurance contract paid...interest payments shall be included in gross income). § 2. Paragraph lettered b of such section is hereby amended to Par. «t>), read as follows: ' ain™1"db.... | |
 | Philippines - 1986 - 492 pages
...Life insurance. — The proceeds of life insurance policies paid to the heirs or beneficiaries upon the death of the insured, whether in a single sum or otherwise, whether in a single sum or otherwise, but if such amounts are held by the insurer under an agreement... | |
 | James L. Madden - 1927 - 284 pages
...income" does not include the following items, which shall be exempt from taxation under this title: (1) Amounts received under a life insurance contract paid...the death of the insured, whether in a single sum or in installments (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
 | Eric Louis Kohler - 1927 - 618 pages
...income" does not include the following items, which shall be exempt from taxation under this title: (1) Amounts received under a life insurance contract paid...the death of the insured, whether in a single sum or in installments (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...included in gross income and shall be exempt from taxation under this title: (1) LIFE INSURANCE. — Amounts received under a life insurance contract paid...the death of the insured, whether in a single sum or in installments (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
 | Harrison B. Spaulding - 1927 - 336 pages
...allowed, by the British law and not by the United States law will then be listed. EXEMPT INCOME• 1. Amounts received under a life insurance contract paid by reason of the death of the insured are exempt in the United States.1 In any event, the amount of the policy which represented... | |
 | United States - 1928 - 268 pages
...income" does not include the following items; which shall be exempt from taxation under this title: (1) Amounts received under a life insurance contract paid...the death of the insured, whether in a single sum or in installments (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
 | United States - 1928 - 1164 pages
...income" does not include the following items, which shall be exempt from taxation under this title : (1) Amounts received under a life insurance contract paid...the death of the insured, whether in a single sum or in installments' (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
 | Robert Hiester Montgomery - 1927 - 592 pages
...income" does not include the following items, which shall be exempt from taxation under this title: (1) Amounts received under a life insurance contract paid...the death of the insured, whether in a single sum or in installments (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
 | Robert Hiester Montgomery - 1927 - 1510 pages
...policies. — EXTENT TO WHICH EXEMPT WHEN PAID TO BENEFICIARJES. — LAW. Section 213 (b) . . . . (i) Amounts received under a life insurance contract paid by reason of the death of the insured, 'See "Tax Exemption of State Employees," by Roswell F. Magill, 35 Yale Law Journal, 956.... | |
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