...750,803.21 While name, charter powers, and subjection to state insurance laws have significance as to the business which a corporation is authorized and...the character of the business actually done in the tax years determines whether it was taxable as an insurance company. United States v. Phellis, 257...

...750,803.21 While name, charter powers, and subjection to state insurance laws have significance as to the business which a corporation is authorized and...the character of the business actually done in the tax years determines whether it was taxable as an insurance company. United States v. Phellis, 257...

...return for such fund, but the income therefrom shall be included in the return of the corporation. tation of net income. Net income must be computed with respect to a fixed Act. For example, during the year 1938 the M Corporation, incorporated under the insurance laws of...

...return for such fund, but the income therefrom shall be included in the return of the corporation. Though its name, charter powers and subjection to...authorized and intends to carry on, the character of the ousiness actually done in the taxable year determines whether it is taxable as an insurance company...

...Corporation $8,665. Article 1001-7 of Regulations 94 is amended by adding at the end thereof the following: Though its name, charter powers, and subjection to...whether it is taxable as an insurance company under the act. For example, during the year 1936 the M Corporation, incorporated under the insurance laws of...

...life. (b) Insurance companies. (1) Insurance companies include both stock and mutual companies, as well as mutual benefit insurance companies. A voluntary...year 1954 the M Corporation, incorporated under the insur80-078 O— 81 20 ance laws of the State of R, carried on the business of lending money in addition...

...life. (b) Insurance companies. (1) Insurance companies include both stock and mutual companies, as well as mutual benefit insurance companies. A voluntary...taxable as an insurance company under the Code. For examPie, during the year 1954 the M Corporation, incorporated under the insurance laws of the State...

...life. (b) Insurance companies. (1) Insurance companies include both stock and mutual companies, as well as mutual benefit insurance companies. A voluntary...done in the taxable year determines whether it is tax§ 1.801-2 able as an insurance company under the Code. For example, during the year 1954 the M...

...life. (b) Insurance companies. (1) Insurance companies include both stock and mutual companies, as well as mutual benefit insurance companies. A voluntary...done in the taxable year determines whether it is tax§ 1.801-2 able as an insurance company under the Code. For example, during the year 1954 the M...

...but the income therefrom shall be Included in the return of the corporation. (2) Though its naine, charter powers, and subjection to State insurance...is taxable as an insurance company under the Code. Рог example, during the year 1954 the M Corporation, incorporated under the insurance laws of the...