TaxationAppleton, 1927 - 257 pages |
From inside the book
Results 1-5 of 84
Page v
... - titioners in the field are constantly called upon to sell in- surance for tax purposes , and in order to counsel clients wisely should be acquainted with an analysis of inheritance , 602081 estate , and income tax laws . They should also ...
... - titioners in the field are constantly called upon to sell in- surance for tax purposes , and in order to counsel clients wisely should be acquainted with an analysis of inheritance , 602081 estate , and income tax laws . They should also ...
Page vi
Harry James Loman. estate , and income tax laws . They should also be in position to calculate the amount of a client's taxes when insurance is desired to provide the means of payment . Moreover , from the social and legislative ...
Harry James Loman. estate , and income tax laws . They should also be in position to calculate the amount of a client's taxes when insurance is desired to provide the means of payment . Moreover , from the social and legislative ...
Page vii
... taxes which the states have imposed on the conduct of the busi- ness of life insurance . Chapters IV , V , VI , and VII deal with the effect of the Federal Income Tax , the Federal Estate Tax and the State Inheritance Taxes on the ...
... taxes which the states have imposed on the conduct of the busi- ness of life insurance . Chapters IV , V , VI , and VII deal with the effect of the Federal Income Tax , the Federal Estate Tax and the State Inheritance Taxes on the ...
Page viii
... Income Tax , then the Federal Estate Tax , and lastly the State Inheritance Taxes . Chapter VIII is a discussion of the advantages of using life insurance for the purpose of reducing taxes and pro- viding sums for their payment along ...
... Income Tax , then the Federal Estate Tax , and lastly the State Inheritance Taxes . Chapter VIII is a discussion of the advantages of using life insurance for the purpose of reducing taxes and pro- viding sums for their payment along ...
Page ix
... Taxes • Tax for Filing Statements Retaliatory and Reciprocal Taxes IV . TAXATION OF PROCEEDS OF POLICIES PAID IN A SINGLE Effect of the Federal Income Tax Law of 1926 . 21 • B22 22222 18 24 24 25 25 26 • 223 27 27 PAGE 27 • 28 28 ...
... Taxes • Tax for Filing Statements Retaliatory and Reciprocal Taxes IV . TAXATION OF PROCEEDS OF POLICIES PAID IN A SINGLE Effect of the Federal Income Tax Law of 1926 . 21 • B22 22222 18 24 24 25 25 26 • 223 27 27 PAGE 27 • 28 28 ...
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Common terms and phrases
allowed each beneficiary amount in excess amounts received annual apply cash cent per annum chapter charitable classes of beneficiaries contemplation of death cost death duties decedent's deductible exemption Discount and Interest dividends donor effect in possession Endowment Policies entirely exempt estate tax law exceed exceeding executor February 28 Federal estate tax Federal income tax ficiaries gift grantor gross estate gross income gross taxable estate husband Illinois included income tax law inheritance tax law installments insurance companies Insurance payable insurance policies insurance proceeds interest therein intestate laws levied lineal descendant ment net estate Nonresident Decedents North Dakota payments Pennsylvania personal property policies paid policyholders premiums paid present value present worth Property Subject providing Rates of Tax real estate real property reported residuary estate specifically named beneficiary subject to tax surance tangible tax is imposed tax purposes taxable income taxation theory tion trust worth of $1
Popular passages
Page 125 - The amount of all bequests, legacies, devises, or transfers, to or for the use of the United States, any State, Territory, any political subdivision thereof, or the District of Columbia, for exclusively public purposes, or to or for the use of any corporation organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes...
Page 34 - To the extent of the amount receivable by the executor as insurance under policies taken out by the decedent upon his own life; and to the extent of the excess over $40,000 of the amount receivable by all other beneficiaries as insurance under policies taken out by the decedent upon his own life.
Page 111 - States by such trustee or trustees, or by such fraternal society, order, or association, exclusively for religious, charitable, scientific; literary, or educational purposes, or for the prevention of cruelty to children or animals...
Page 205 - 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 the term or at the maturity of the term mentioned in the contract or upon surrender of the contract...
Page 237 - ... (b) To the extent of any interest therein of which the decedent has at any time made a transfer, or with respect to which he has created a trust, in contemplation of or intended to take effect in possession or enjoyment at or after his death, except in case of a bona fide sale for a fair consideration in money or money's worth.
Page 237 - When the transfer is of property made by a resident or by a nonresident when such nonresident's property is within this state, by deed, grant, bargain, sale or gift made in contemplation of the death of the grantor, vendor or donor, or intended to take effect in possession or enjoyment at or after such death.
Page 237 - Whenever property is held in the jomt name« of two or more persons, or as tenante by the entirety, or is deposited in banks or other institutions or depositaries in the joint names of two or more persons and payable to either or the survivor, upon the death of one of such persons the right of the surviving...
Page 179 - ... father, mother, husband, wife, child, brother, sister, wife or widow of a son or the husband of a daughter...
Page 243 - State, or by deed, grant, sale or gift made or intended to take effect in possession or enjoyment after the death of the grantor...
Page 109 - ... for religious, charitable, scientific, or educational purposes, or for the prevention of cruelty to children or animals, no part of the net earnings of which inures to the benefit of any private stockholder or individual, or to the special fund for vocational rehabilitation...