Legal Opinion
Commissioner v. Lafayette Life Insurance
Court of Appeals for the Seventh Circuit
Decided October 20, 1933No. Nos. 4993, 4999PublishedCited by 4 opinions
1Opinion of the Court
EVANS, Circuit Judge.
Both parties appealed from a decision of the Board of Tax Appeals which determined taxpayer’s income taxes for the years 1925, 1926, and 1927. Two questions are raised by the Commissioner and one by the taxpayer.
The fact situation necessary for consideration of the Commissioner’s two questions may be stated thus:
The taxpayer is a mutual life insurance company organized in Indiana and having its principal place of business in that state. It kept its books and made its returns on the basis of cash receipts and disbursements. In its returns for 1925, 1926, and 1927, it…
2Cases cited1 opinion
- Tyler v. United StatesSupreme Court of the United States · 1930
3Cited by4 opinions
- Helvering v. Missouri State Life Ins. Co.Court of Appeals for the Eighth Circuit · 1934
- Equitable Life Assurance Society v. CommissionerSupreme Court of the United States · 1944
- Penn Mut. Life Ins. Co. v. Commissioner of Internal Rev.Court of Appeals for the Third Circuit · 1937
- Equitable Life Assur. Soc. of United States v. HelveringCourt of Appeals for the Second Circuit · 1943