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" ... shall be entitled to include in deductions from gross income amounts repaid to policyholders on account of premiums previously paid by them and interest paid upon such amounts between the ascertainment thereof and the payment thereof... "
Notes on the Revenue Act of 1918 - Page 78
by United States. Department of the Treasury, United States. Congress. House. Committee on Ways and Means - 1919 - 188 pages
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Treasury Decisions Under Internal Revenue Laws of the United States, Volume 15

United States. Office of Commissioner of Internal Revenue - Taxation - 1914 - 352 pages
...income gross premiums collected and received by them less amounts paid for reinsurance, but shall be entitled to include in deductions from gross income...such portion of any actual premium received from any individualpolicyholder as shall have been paid back or credited to such individual policyholder, or...
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Treasury Decisions Under Internal Revenue Laws ..., Volume 15, Issues 1745-1925

United States. Internal Revenue Service - Taxation - 1915 - 464 pages
...income gross premiums collected and received by them less amounts paid for reinsurance, but shall be entitled to include in deductions from gross income...amounts between the ascertainment thereof and the payLite insurance ment thereof and life insurance companies shall not u>m ( >,mieo. i ncm( l e as income...
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Treasury Decisions Under Internal Revenue Laws ..., Volume 18, Issues 2277-2428

United States. Internal Revenue Service, United States. Office of Commissioner of Internal Revenue - Taxation - 1919 - 622 pages
...Art. 243. Premiums repaid and interest. — Mutual marine insurance 710 companies may include in their deductions from gross income amounts repaid to policyholders...them and interest paid upon such amounts between the date of ascertainment thereof and the date of payment thereof, such amounts and interest having been...
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Treasury Decisions Under Internal Revenue Laws ..., Volume 20, Issues 2628-2782

United States. Internal Revenue Service, United States. Office of Commissioner of Internal Revenue - Taxation - 1921 - 632 pages
...companies "shall be entitled to include in deductions from gross income amounts repaid to policyholdere on account of premiums previously paid by them and...the ascertainment thereof and the payment thereof. " (c) Life insurance companies — that is, both stock and strictly mutual— "shall not include as...
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Federal Income, Estate and Gift Tax Laws, Correlated

United States, Walter Elbert Barton - Gifts - 1944 - 1286 pages
...in addition to the deductions allowed in paragraph (1) of this subsection, unless otherwise allowed, amounts repaid to policyholders on account of premiums...interest paid upon such amounts between the ascertainment and the payment thereof; Sec. 207. (c) (3) Mntnal insurance companies other than life and marine. —...
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Tax reform proposals: hearing before the Committee on Finance, United States ...

United States. Congress. Senate. Committee on Finance - Taxation - 1985 - 666 pages
...allowed la paragraph (1) of this subsection, unless otherwise allowed, amounu repaid to polieyholders on account of premiums previously paid by them, and interest paid upon such amounta Between the ucertainment and the payment thereof; (I) Mcrr*i orsrujrcx eoirrums arm mur urt...
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A Treatise on the Law of Income Taxation Under Federal and State Laws

Henry Campbell Black - Income tax - 2002 - 464 pages
...income gross premiums collected and received by them less amounts paid for reinsurance, but shall be entitled to include in deductions from gross income...them, and interest paid upon such amounts between (283) the ascertainment thereof and the payment thereof and life Life insur- insurance companies shall...
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United States Statutes at Large, Volume 53, Part 1

United States - Session laws - 1939 - 780 pages
...in addition to the deductions allowed in paragraph (1) of this subsection, unless otherwise allowed, amounts repaid to policyholders on account of premiums...interest paid upon such amounts between the ascertainment and the payment thereof; (3) MUTUAL INSURANCE COMPANIES OTHER THAN LIFB AND MARINE. — In the case...
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Treasury Decisions Under Internal Revenue Laws ..., Volume 19, Issues 2429-2627

United States. Internal Revenue Service, United States. Office of Commissioner of Internal Revenue - Taxation - 1920 - 1040 pages
...income gross premiums collected and received by them, less amounts paid for reinsurance, but shall be entitled to include in deductions from gross income...premiums previously paid by them and interest paid upon such'amounts between the ascertainment thereof and the payment thereof. The language there used is...
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Codification of Internal Revenue Laws Submitted to ... by Its Staff ...

United States. Congress. Internal Revenue Taxation Joint Committee - 1933 - 262 pages
...addition to the deductions allowed in paragraph (1) of this subsection, unless otlierwi.se allowed, amounts repaid to policyholders on account of premiums...interest paid upon such amounts between the ascertainment and the payment thereof ; (3) Mutual insurance companies other than life and marine. — In the case...
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