 Amounts received under a life insurance contract paid by reason of the death of the insured, whether in a single sum or otherwise (but if such amounts are held by the insurer under an agreement to pay interest thereon, the interest payments shall be included...  Laws of the State of New York - Page 761by New York (State) - 1935Full view - About this book
 | James L. Madden - 1927 - 282 pages
...income" does not include the following items, which shall be exempt from taxation under this title: (1) Amounts received under a life insurance contract paid...the death of the insured, whether in a single sum or in installments (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 418 pages
...included in gross income and shall be exempt from taxation under this title: (1) LIFE INSURANCE. — Amounts received under a life insurance contract paid...the death of the insured, whether in a single sum or in installments (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
 | Eric Louis Kohler - 1927 - 618 pages
...income" does not include the following items, which shall be exempt from taxation under this title: (1) Amounts received under a life insurance contract paid...the death of the insured, whether in a single sum or in installments (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
 | Harrison B. Spaulding - 1927 - 336 pages
...allowed, by the British law and not by the United States law will then be listed. EXEMPT INCOME• 1. Amounts received under a life insurance contract paid by reason of the death of the insured are exempt in the United States.1 In any event, the amount of the policy which represented... | |
 | United States - 1928 - 268 pages
...income" does not include the following items; which shall be exempt from taxation under this title: (1) Amounts received under a life insurance contract paid...the death of the insured, whether in a single sum or in installments (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
 | Robert Hiester Montgomery - 1927 - 592 pages
...income" does not include the following items, which shall be exempt from taxation under this title: (1) Amounts received under a life insurance contract paid...the death of the insured, whether in a single sum or in installments (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
 | Robert Hiester Montgomery - 1927 - 1510 pages
...policies. — EXTENT TO WHICH EXEMPT WHEN PAID TO BENEFICIARJES. — LAW. Section 213 (b) . . . . (i) Amounts received under a life insurance contract paid by reason of the death of the insured, 'See "Tax Exemption of State Employees," by Roswell F. Magill, 35 Yale Law Journal, 956.... | |
 | United States. Internal Revenue Service - 1931 - 502 pages
...included in gross income and shall be exempt from taxation under this title: (1) LIFE INSURANCE. — Amounts received under a life insurance contract paid...the death of the insured, whether in a single sum or in installments (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
 | United States. Internal Revenue Service - 1931 - 1892 pages
...(c) mum thaa the personal exemption 11 the status of tbe taxpayer changes. Item* Exempt from Tax (а) Amounts received under a life insurance contract paid by reason of the death ol the insured. (O Oil« (not ma-le as a consideration for services), end property acquired by bequest,... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1933 - 452 pages
...included in gross income and shall be exempt from taxation under this title: (1) LIFE INSUBANCE.—Amounts received under a life insurance contract paid by reason...the death of the insured, whether in a single sum or in installments (but if such amounts are held by the insurer under an agreement to pay interest thereon,... | |
| |
