 | 1925 - 822 pages
...or descent; proceeds of life insurance policies paid upon the death of the person insured; payments by or credited to the insured, on life insurance,...the return thereof to the insured at the maturity or surrender of the contract; income from tax-exempt government securities, whether national, state,... | |
 | Philippines - 1986 - 492 pages
...premiums paid by him under life insurance, endowment, or annuity contracts, either during the term or at the maturity of the term mentioned in the . contract or upon surrender of the contract. (3) Gifts, bequests, and devises. — The value of property acquired by gift, bequest,... | |
 | Vandegrift, F.B., & Co - 1913 - 1012 pages
...bequest, devise, or descent: Provided, That the proceeds of life insurance policies paid upon the death of the person insured or payments made by or credited...That in computing net income for the purpose of the normal tax there shall be allowed as deductions: First, the necessary expenses actually paid in carrying... | |
 | United States - 1913 - 160 pages
...bequest, devise, or descent: Prmnded, That the proceeds of life insurance policies paid upon the death of the person insured or payments made by or credited...That in computing net income for the purpose of the normal tax there shall be allowed as deductions: First, the necessary expenses actually paid in carrying... | |
 | United States - 1913 - 458 pages
...bequest, devise, or descent: Provided, That the proceeds of life insurance policies paid upon the death of the person insured or payments made by or credited...That in computing net income for the purpose of the normal tax there shall be allowed as deductions: First, the necessary expenses actually paid in carrying... | |
 | Downing, R. F., & co - 1913 - 686 pages
...bequest, devise, or deseent: Provided, That the proceeds of life insurance policies paid upon the death of the person insured or payments made by or credited...That in computing net income for the purpose of the normal tax there shall be allowed as deductions: First, the necessary expenses actually paid in carrying... | |
 | George Fox Tucker - 1913 - 292 pages
...collector of his, her or its district. 2. Proceeds of life insurance policies paid upon the death of the person insured or payments made by or credited...maturity of the term mentioned in the contract, or upon the surrender of contract — all of which shall not be included as income under this law — but this... | |
 | Albert Henry Walker - 1913 - 126 pages
...bequest, devise, or descent: Provided, That the proceeds of life insurance policies paid upon the death of the person insured or payments made by or credited...insured at the maturity of the term mentioned in the conract, or upon surrender of contract, shall not be included as income. That in computing net income... | |
 | Old Colony Trust Company (Boston, Mass.) - 1913 - 64 pages
...acquired by gift, bequest, devise or descent, and not including the proceeds of life insurance policies, or payments made by or credited to the insured on life insurance, endowment or annuity contracts. The Act is very indefinite, but apparently, in general, taxable income is that which accrues within... | |
 | Old Colony Trust Company (Boston, Mass.) - 1913 - 24 pages
...life insurance, endowment nOj withhel or annuity contracts, upon the return thereof to the a^ Source insured at the maturity of the term mentioned in the contract, or upon the surrender of contract — all of which shall not be included as income under this law — but this... | |
| |
The proceeds of life insurance policies paid to individual beneficiaries upon the death of the insured; the amount received by the insured, as a return of premium or premiums paid by him under life insurance, endowment, or annuity contracts, either during... 
