 | United States - 1921 - 642 pages
...the following items, which shall be exempt from taxation under this title: poHci™.1"6 insuranoc (1) The proceeds of life insurance policies paid upon the death of the insured; Returns under in- (2) The amount received by the insured as a return of premium or surance contracts.... | |
 | Emerson Emanuel Rossmoore - 1922 - 592 pages
...income? ANSWER : No. REFERENCE : Sec. 213: "... the term 'gross income' ... (b) does not include ... (1) the proceeds of life insurance policies paid upon the death of the insured." PROBLEM 68 Illustrating Gross Income—Proceeds of Surrendered Life Insurance Policy FACTS: Andrew... | |
 | United States - 1922 - 1028 pages
...(b) Does not include the following items, which shall be exempt from taxation under this title : (1) The proceeds of life insurance policies paid upon the death of the insured ; (2) The amount received by the insured as a return of premium or premiums paid by him under life... | |
 | United States - 1922 - 756 pages
...(b) Does not include the following items, which shall be exempt from taxation under this title: (1) The proceeds of life insurance policies paid upon the death of the insured; (2) The amount received by the insured 'as a return of premium or premiums paid by him under life insurance,... | |
 | John Harold Sears - 1922 - 732 pages
...5. Interest. 6. Dividends (the term "dividends" is defined in section 201). But does not include: 1. Proceeds of life insurance policies paid upon the death of the insured. Section 213 (b) (1). 2. Property acquired by gift, bequest or devise, but the income therefrom must... | |
 | Virginia - 1922 - 350 pages
...legalized privileges of any kind ; and all annuities from invested funds or trusts ; provided, that the proceeds of life insurance policies paid upon the death of the person insured or payments made by or credited to the insured on life insurance, endowment or annuity... | |
 | Virginia - 1922 - 1356 pages
...or legalized privileges of any kind; and all annuities from invested funds or trusts; provided, that the proceeds of life insurance policies paid upon the death of the person insured or payments made by or credited to the insured on life insurance, endowment or annuity... | |
 | 1924 - 524 pages
...(b) Does not include the following items, which shall be exempt from taxation under this title : (1) The proceeds of life insurance policies paid upon...individual beneficiaries or to the estate of the insured. The company obtained judgment in the Court of Claims, and oa appeal the Supreme Court affirmed the... | |
 | North Dakota - 1923 - 634 pages
...shall be exempt from taxation under this act : (a) Proceeds of life insiirance policies and contracts paid upon the death of the insured to individual beneficiaries or to the estate of the insured. (c) The value of property acquired by gift, bequest, devise or descent (but the income from such property... | |
 | 1920 - 1054 pages
...provides that certain items may be excluded from the total gross income. In brief, such items are : 1. Proceeds of life insurance policies paid upon the death of the insured to individual beneficiaries. 2. Amounts received as a return of premium or premiums, by the insured under life insurance, endowment... | |
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The proceeds of life insurance policies paid upon the death of the insured... 
