 | United States. Internal Revenue Service - 1978 - Broj stranica: 630
...insurance contract, out of amounts that would otherwise be added to reserves during the first year of a e when payment is made. In determining whether certain...for performing any act falls on a Saturday, Sunda that use net level premium reserves, because the policy and other contract liability requirements depend... | |
 | United States. Tax Court - 1990 - Broj stranica: 1014
...insurance contract) out of amounts which would otherwise be added to reserves during the first year of a contract and to add correspondingly larger amounts...reserves, since the policy and other contract liability requirements which determine the policyholders' and life insurance company's shares of investment income... | |
 | United States. Tax Court - 1985 - Broj stranica: 1410
...Act of 1959, the legislation containing section 818(c), explain that, for tax purposes, there is — a hardship on insurance companies using preliminary...reserves as compared with those which use ordinary [net level premium] reserves, since the policy and other contract liability deduction depends on the... | |
 | United States. Tax Court - 1985 - Broj stranica: 1414
...Act of 1959, the legislation containing section 818(c), explain that, for tax purposes, there is — a hardship on insurance companies using preliminary...reserves as compared with those which use ordinary [net level premium] reserves, since the policy and other contract liability deduction depends on the... | |
 | United States. Tax Court - 1990 - Broj stranica: 1038
...insurance contract) out of amounts which would otherwise be added to reserves during the first year of a contract and to add correspondingly larger amounts...reserves, since the policy and other contract liability requirements which determine the policyholders' and life insurance company's shares of investment income... | |
 | United States. Internal Revenue Service - 1959 - Broj stranica: 1518
...insurance contract) out of amounts which would otherwise be added to reserves during the first year of a contract and to add correspondingly larger amounts...reserves, since the policy and other contract liability requirements which determine the policyholders' and life insurance company's shares of investment Income... | |
| |
The effect of this is to take the full agents' commissions (which are larger in the initial period of a life insurance contract) out of amounts which would otherwise be added to reserves during the first year of a contract and to add correspondingly larger... 