 | United States - 1921 - 642 pages
...over the deduction specified in paragraph (1) of this subdivision, of 4 per centum of the »««ments. mean of the reserve funds required by law and held at the beginning and end of the taxable year, plus (in case of life insurance companies issuing policies covering life, health,... | |
 | Emerson Emanuel Rossmoore - 1922 - 592 pages
..."That in the case of a life insurance company the term 'net income' means the gross income less. ... (2) An amount equal to the excess, if any, over the...required by law and held at the beginning and end of the taxable year, plus (in case of life insurance companies issuing policies covering life, health,... | |
 | Irving Bank. Columbia Trust Company - 1923 - 148 pages
...That in the case of a life insurance company the term "net income" means the gross income less — (1) The amount of interest received during the taxable...required by law and held at the beginning and end of the taxable year, plus (in case of life insurance companies issuing policies covering life, health,... | |
 | United States. Congress. House. Committee on Ways and Means - 1923 - 256 pages
...That in the case of a life insurance company the term "net income" means the gross income less — (1) The amount of interest received during the taxable...required by law and held at the beginning and end of the taxable year, plus (in case of life insurance companies issuing policies covering life, health,... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...245. (a) In the case of a life insurance company the term "net income" means the gross income less — (1) The amount of interest received during the taxable...required by law and held at the beginning and end of the taxable year, plus (in case of life insurance companies issuing policies covering life, health,... | |
 | Eric Louis Kohler - 1924 - 514 pages
...That in the case of a life insurance company the term "net income" means the gross income less — (2) An amount equal to the excess, if any, over the...required by law and held at the beginning and end of the taxable year, plus (in case of life insurance companies issuing policies covering life, health,... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...245. (a) In the case of a life insurance company the term "net income" means the gross income less — (1) The amount of interest received during the taxable...required by law and held at the beginning and end of the taxable year, plus (in case of life insurance companies issuing policies covering life, health,... | |
 | John F. Sherwood - 1925 - 206 pages
...245. (a) In the case of a life insurance company the term "net income" means the gross income less — (1) The amount of interest received during the taxable...required by law and held at the beginning and end of the taxable year, plus (in case of life insurance companies issuing policies covering life, health,... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...interest received during the taxable year which under paragraph (4) of subdivision (b) of section 213201 is exempt from taxation under this title; (2) An amount...required by law and held at the beginning and end of the taxable year, plus (in case of life insurance companies issuing policies covering life, health,... | |
 | Eric Louis Kohler - 1927 - 618 pages
...245. (a) In the case of a life insurance company the term "net income" means the gross income less — (1) The amount of interest received during the taxable...required by law and held at the beginning and end of the taxable year, plus (in case of life insurance companies issuing policies covering life, health,... | |
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An amount equal to the excess, if any, over the deduction specified in paragraph (1) of this subdivision, of 4 per centum of the mean of the reserve funds required by law and held at the beginning and end of the taxable year... 
