Williams v. Thomas Jefferson Insurance

The. insurance company filed two original .bills seeking to recover certain taxes paid under protest to the Commissioner of Insurance and Banking of the State of Tennessee. These cases were consolidated for trial and involved the same factual situation and legal principles although they covered various taxable periods.

In July, 1963, the Commissioner made deficiency assessments against the insurance company, and as a result thereof, after certain conferences and letters, the com*358pany paid this deficiency under protest, and these suits followed. The Chancellor found in favor of the insurance…