Legal Analysis of the Treasury Department's Rationale for Its Proposed Method of Taxing the So-Called "Inside Buildup" Under Certain Life Insurance Contracts.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Due process of law.

Income tax.

Life insurance.

Physical Description:

1 online resource (38 pages) : digital, PDF file

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 1985.

System Details:

System requirements: PDF reader software.

text file

PDF

Summary:

Explains the concept of "inside buildup" of a reserve under a life insurance contract, and examines the legal implications of Treasury Department proposals for subjecting it to income taxes. Discusses the due process issues involved in taxing the policyholder for income which may never actually be received.

Notes:

CRS Report.

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed June 2010). Reuse except for individual research requires license from ProQuest, LLC.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. Legal Analysis of the Treasury Department's Rationale for Its Proposed Method of Taxing the So-Called "Inside Buildup" Under Certain Life Insurance Contracts

Access Restriction:

Restricted for use by site license.