Excerpt from Federal Taxation of Life Insurance Companies: A Paper Read at the Meeting of Life Insurance Counsel Held at Atlantic City, May, 1917 At the time this paper is being written there is pending in Congress a measure which largely increases the normal tax imposed on life companies, increases the so-called excess profits tax from eight to sixteen per cent. And imposes a tax of eight cents on each of insurance written after it becomes a law. In addition, it has certain retroactive fea tures that still further add to ...
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Excerpt from Federal Taxation of Life Insurance Companies: A Paper Read at the Meeting of Life Insurance Counsel Held at Atlantic City, May, 1917 At the time this paper is being written there is pending in Congress a measure which largely increases the normal tax imposed on life companies, increases the so-called excess profits tax from eight to sixteen per cent. And imposes a tax of eight cents on each of insurance written after it becomes a law. In addition, it has certain retroactive fea tures that still further add to the tax burden. This is put forth as a war measure. How long it will continue in force, if passed, after peace is established, remains to be seen. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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