 | Prentice-Hall Inc, Prentice-Hall, inc - 1919 - 430 pages
...the estate; (b) insurance payable to individual beneficiaries to the extent that it exceeds $40,000. The term "insurance" refers to life insurance of every...societies, operating under the lodge system. Insurance is deemed to be taken out by the decedent in all cases where he pays the premiums, either directly or... | |
 | Thomas Conyngton, H. C. Knapp, P. W. Pinkerton - 1921 - 864 pages
...provision may be held unconstitutional. For federal tax purposes "insurance" is defined as follows : The term "insurance" refers to life insurance of every...societies, operating under the lodge system. Insurance is deemed to be taken out by the decedent in all cases where he pays the premiums, either directly or... | |
 | John Harold Sears - 1922 - 732 pages
...Insurance payable to individual beneficiaries to the extent that It exceeds $40,000. The term "insurance1' refers to life insurance of every description, including...societies operating under the lodge system. Insurance is deemed to be taken out by the decedent in all cases where he pays the premiums, either directly or... | |
 | Lafayette Blanchard Gleason, Alexander Otis - 1925 - 1550 pages
...benefit of, the estate; (6) all other insurance to the extent that it exceeds in the aggregate $40,000. The term "insurance" refers to life insurance of every...societies, operating under the lodge system. Insurance is deemed to be taken out by the decedent in all cases where he pays all the premiums, either directly... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...benefit of, the estate; (b) all other insurance to the extent that it exceeds in the aggregate $40,000. The term "insurance" refers to life insurance of every...societies, operating under the lodge system. Insurance is deemed to be taken out by the decedent in all cases where he pays all the premiums, either directly... | |
 | Paul Whittier Pinkerton, Jefferson Humphrey Millsaps - 1926 - 1082 pages
...taxable under the laws levying death duties. (As to legality, cf. ยง 231). For purposes of these laws the term ' ' insurance ' ' refers to life insurance...fraternal beneficial societies, operating under the lodge syetem.l To be taxable, the life insurance must have been taken out by the decedent. Insurance is deemed... | |
 | United States. Internal Revenue Service - 1929 - 176 pages
...other beneficiaries as insurance under policies taken out by the decedent upon his own life. * * * The term "insurance" refers to life insurance of every...societies, operating under the lodge system. Insurance is deemed to be taken out by the decedent in all cases where he pays all the premiums, either directly... | |
 | United States. Board of Tax Appeals - 1939 - 1380 pages
...corporation to which the policy was issued. Article 25 of Regulations 70 provides in part as follows : The term "insurance" refers to life Insurance of every...societies, operating under the lodge system. Insurance is deemed to be taken out by the decedent in all cases where he pays all the premiums, either directly... | |
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insurance" refers to life insurance of every description, including death benefits paid by fraternal beneficial societies, operating under the lodge system. 
