Equitable Life Assurance Society of United States v. Hobbs

The opinion of the court was delivered by

Thiele, J.:

Heretofore this court had before it for consideration the liability of the plaintiff company, and others covered by stipulation, for the payment of a tax upon “considerations received for annuity contracts” under G. S. 1935, 40-252, it being held generally that such “considerations” were taxable. See Equitable Life Assurance Society v. Hobbs, 154 Kan. 1, 114 P. 2d 871. In the opinion then filed, the court made no findings or conclusions as to the amount of taxes due, it being there said:

“The court prefers to leave the matter of the amount of…