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" ... and in the case of insurance companies the sums other than dividends, paid within the year on policy and annuity contracts and the net addition, if any, required by law to be made within the year to reserve funds... "
United States Reports: Cases Adjudged in the Supreme Court at ... and Rules ... - Page 409
by United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1914
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Federal Income Tax: Including Tax on Undistributed Net Income, Capital Stock ...

George Edwin Holmes - 1917 - 690 pages
...companies the net addition, if any, required by law to be made within the year to reserve funds and the sums other than dividends paid within the year on policy and annuity contracts: Provided, That no deduction shall be allowed for any amount paid out for new buildings, permanent improvements,...
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Taxes on Incomes and Excess Profits as Revised and Amended by the War ...

Savings Union Bank and Trust Company - 1917 - 88 pages
...companies, the net addition, if any, required by law to be made within the year to reserve funds and the sums other than dividends paid within the year on policy and annuity contracts: Provided, That no deduction shall be allowed for any amount paid out for new buildings, permanent improvements,...
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The Income Tax and Other Federal Taxes

Joseph Jay Scott - 1917 - 386 pages
...if any, required by law to be made within the year for which the return is made to reserve funds and the sums other than dividends paid within the year on policy and annuity contracts. There are, however, several distinct provisos with reference to the income of various kinds of insurance...
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Federal Income Tax: Including Tax on Undistributed Net Income, Capital Stock ...

George Edwin Holmes - 1917 - 674 pages
...payments required by law to reserve funds.6 Payments on Policies. All insurance companies may deduct the sums, other than dividends, paid within the year on policy and annuity contracts. Under this item on the return of annual net income may be included all death, disability or other policy...
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War Revenue and Federal Income Tax Laws

National Bank of Commerce in New York - 1917 - 182 pages
...companies, the net addition, if any, required by law to be made within the year to reserve funds and the sums other than dividends paid within the year on policy and annuity con• o T» • -ii mi , 11 • • i 11 ii Deduction for tracts: Provided, That no deduction shall...
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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

1917 - 736 pages
...all losses actually sustained within the year and not compensated by insurance or otherwise ; * * * (third) interest actually paid within the year on its bonded or other indebtedness not exceeding the paid-up capital stock of such corporation, joint stock company or association, *...
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Income Tax Law, Analysis and Comment

Harris, Forbes & Co., New York - 1917 - 170 pages
...company. Insurance companies are allowed to deduct their net addition to reserve funds required by law and "sums other than dividends paid within the year on policy and annuity contracts." (For a discussion of the subject of "reserve funds," for which there is not sufficient space in these...
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War Revenue and Federal Income Tax Laws

1917 - 194 pages
...companies, the net addition, if any, required by law to be made within the year to reserve funds and the sums other than dividends paid within the year on policy and annuity con. . T» • ii mi . it • • i 11 ti Deduction (or tracts: Provided, That no deduction shall be...
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Income Tax: Law and Accounting

Godfrey Nicholas Nelson - 1917 - 218 pages
...companies, the net addition, if any, required by law to be made within the year to reserve funds and the sums other than dividends paid within the year on policy and annuImprovements ity contracts : Provided, That no deduction shall be allowed for any amount paid out...
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Income Tax Law and Accounting, 1918: Being a Practical Application of the ...

Godfrey Nicholas Nelson - 1918 - 478 pages
...Losses. sustained within the year and not compensated by insurance or otherwise, including a reasonable allowance for depreciation of property, if any, and...within the year to reserve funds; (third) Interest interest actually paid within the year on its bonded or other indebtedness to an amount of such bonded...
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