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" ... company or association exclusively for the payment of claims arising under certificates of membership or policies issued upon the assessment plan and not subject to any other use. SEC. 245. (a) That in the case of a life insurance company the term... "
The Code of Federal Regulations of the United States of America - Page 206
1971
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Statutes of the United States of America

United States - 1921 - 642 pages
...guaranty or reserve funds, and any funds maintained under the charter or articles of incorporation of the company or association exclusively for the payment...assessment plan and not subject to any other use. SEC. 245. (a) That in the case of a life insurance company the N«t'n«»n«term " net income " means...
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Federal Income Tax Problems --1922

Emerson Emanuel Rossmoore - 1922 - 592 pages
...guaranty or reserve funds, and any funds maintained under the charter or articles of incorporation of the company or association exclusively for the payment...assessment plan and not subject to any other use. SEC. 245. (a) That in the case of a life insurance company the term "net income" means the gross income...
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Barnes' Federal Code: Containing All Federal Statutes of General and Public ...

United States - 1922 - 756 pages
...guaranty or reserve funds, and any funds maintained under the charter or articles of incorporation of the company or association exclusively for the payment...assessment plan and not subject to any other use. (Act Nov. 23, 1921. c. 136, § 244, 42 Stat.) § 5552d. Net insurance income. — (a) In the case of...
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Practical Questions and Answers on the Federal Tax Laws Affecting Individual ...

Irving Bank. Columbia Trust Company - 1923 - 148 pages
...guaranty or reserve funds, and any funds maintained under the charter or articles of incorporation of the company or association exclusively for the payment...assessment plan and not subject to any other use. SEC. 245. (a) That in the case of a life insurance company the term "net income" means the gross income...
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Comparison of the Revenue Acts of 1918 and 1921: With Index ...

United States. Congress. House. Committee on Ways and Means - 1923 - 256 pages
...guaranty or reserve funds, and any funds maintained under the charter or articles of incorporation of the company or association exclusively for the payment...assessment plan and not subject to any other use. Sec. 245. (a) That in the case of a life insurance company the term "net income" means the gross income...
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Regulations 65 Relating to the Income Tax Under the Revenue Act of 1924

United States. Internal Revenue Service - 1924 - 396 pages
...guaranty or reserve funds, and any funds maintained under the charter or articles of incorporatlon of the company or association exclusively for the payment...assessment plan and not subject to any other use. ART. 671. Gross income of life insurance companies. — Net income in the case of life insurance companies...
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Accounting Principles Underlying Federal Income Taxes: 1924

Eric Louis Kohler - 1924 - 514 pages
...guaranty or reserve funds, and any funds maintained under the charter or articles of incorporation of the company or association exclusively for the payment...assessment plan and not subject to any other use. Sec. 245. (a) That in the case of a life insurance company the term "net income" means the gross income...
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Income Tax Accounting

John F. Sherwood - 1925 - 206 pages
...guaranty or reserve funds, and any funds maintained under the charter or articles of incorporation of the company or association exclusively for the payment...assessment plan and not subject to any other use. Sec. 245. (a) In the case of a life insurance company the term "net income" means the gross income...
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Questions and Answers on Federal Tax Laws: Based on Revenue Act of 1924 and ...

Irving Bank-Columbia Trust Company - 1925 - 152 pages
...guaranty or reserve funds, and any funds maintained under the charter or articles of incorporation of the company or association exclusively for the payment...assessment plan and not subject to any other use. SEC. 245. (a) In the case of a life insurance company the term "net income" means the gross income...
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Federal Income and Estate Tax Laws: Correlated and Annotated, Being a ...

Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...guaranty or reserve funds, and any funds maintained under the charter or articles of incorporation of the company or association exclusively for the payment...assessment plan and not subject to any other use. SEC. 245. (a) That in the case of a life insurance company the term "net income'' means the gross income...
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