Legal Opinion
Bankers' Reserve Life Co. v. United States
United States Court of Claims
Decided December 1, 1930No. K-432PublishedCited by 25 opinions
1Opinion of the Court
WILLIAMS, Judge.
The plaintiff brings this suit to recover $19,474.58, income taxes paid for the year 1923, together with interest thereon.
The averments in plaintiff’s petition, material to the issue raised by the demurrer, are substantially as follows:
That said company is and at all times since the enactment of the Revenue Act of 1921 (42 Stat. 227), approved November 23, 1921, has been a life insurance company within the meaning,of that act.
“Sec. 245 (a) That in the case of a life insurance company the' term ‘net income’ means the gross income less—
“ (1) The amount of interest received…
2Cases cited6 opinions
- Old Colony Trust Co. v. CommissionerSupreme Court of the United States · 1929
- National Life Insurance v. United StatesSupreme Court of the United States · 1928
- Ohio Steel Foundry Co. v. United StatesUnited States Court of Claims · 1930
- Bankers' Reserve Life Co. v. United StatesUnited States Court of Claims · 1930
- Bindley v. HeinerDistrict Court, W.D. Pennsylvania · 1930
1 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Frank Erickson and Amelia Erickson v. The United StatesUnited States Court of Claims · 1962
- Elbert v. JohnsonCourt of Appeals for the Second Circuit · 1947
- Dolores J. Russell v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1982
- Brooks v. DriscollCourt of Appeals for the Third Circuit · 1940
- Continental Petroleum Co. v. United StatesCourt of Appeals for the Tenth Circuit · 1936
20 more not listed; retrieve them via the Exa API.