Legal Opinion
Northern Life Insurance v. United States
Court of Appeals for the Ninth Circuit
Decided August 24, 1982No. Nos. 81-3253, 81-3266PublishedCited by 1 opinion
1Opinion of the Court
EUGENE A. WRIGHT, Circuit Judge:
Northern Life Insurance Company (Northern Life) seeks reversal of the district court’s denial of two of its refund claims. The United States (IRS) seeks reversal of the one refund claim granted Northern Life. We must decide: (1) whether prepaid interest accrues when it is paid, or when it is earned; (2) whether Northern Life filed a timely refund claim for 1968; and (3) whether Northern Life received taxable income when it repossessed a building it sold on a contract.
PREPAID INTEREST
Northern Life loans policy holders amounts up to the cash surrender value of…
2Cases cited14 opinions
- North American Oil Consolidated v. BurnetSupreme Court of the United States · 1932
- Schulde v. CommissionerSupreme Court of the United States · 1963
- Charles A. Johnson v. J. Williford, Warden, Metropolitan Correctional Center United States Parole Commission and United States of AmericaCourt of Appeals for the Ninth Circuit · 1982
- First Charter Financial Corp., Plaintiff-Appellee-Cross-Appellant v. United States of America, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the First Circuit · 1982
- Smith v. Board of GovernorsSupreme Court of the United States · 1977
9 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Northern Life Insurance Company v. United States of America, Northern Life Insurance Company, Plaintiff-Cross v. United States of America, Defendant-CrossCourt of Appeals for the Ninth Circuit · 1982