Legal Opinion
Commissioner of Internal Rev. v. Monarch Life Ins. Co.
Court of Appeals for the First Circuit
Decided August 15, 1940No. 3470, 3475PublishedCited by 37 opinions
1Opinion of the Court
MAHONEY, Circuit Judge.
This is a petition to review a decision of the Board of Tax Appeals reported in 1938, 38 B.T.A. 716 and is before this court on a petition filed by the Commissioner of Internal Revenue, and upon a cross-petition filed by the Monarch Life Insurance Company. The controversy relates to income taxes for the calendar years 1933 and 1934.
The question involved in the Commissioner’s petition for review is whether certain reserve funds held by the taxpayer pursuant to state law were “reserve funds required by law” within the meaning of Section 203(a) (2) 1 of the Revenue Acts of…
2Cases cited25 opinions
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Maryland Casualty Co. v. United StatesSupreme Court of the United States · 1920
- Helvering v. R. J. Reynolds Tobacco Co.Supreme Court of the United States · 1939
- Haggar Co. v. Helvering, Com'r of Internal RevenueSupreme Court of the United States · 1940
- National Life Insurance v. United StatesSupreme Court of the United States · 1928
20 more not listed; retrieve them via the Exa API.
3Cited by37 opinions
- Leggett v. Missouri State Life Insurance CompanySupreme Court of Missouri · 1960
- Helvering v. Oregon Mutual Life InsuranceSupreme Court of the United States · 1940
- United States v. Consumer Life Insurance Co.Supreme Court of the United States · 1977
- Alinco Life Insurance Company v. The United StatesUnited States Court of Claims · 1967
- John Herbert Orr and Elizabeth G. Orr v. United StatesCourt of Appeals for the Fifth Circuit · 1965
32 more not listed; retrieve them via the Exa API.