Legal Opinion
Commissioner of Internal Revenue v. Pan-American Life Ins.
Court of Appeals for the Fifth Circuit
Decided April 20, 1940No. 9175PublishedCited by 20 opinions
1Opinion of the Court
HOLMES, Circuit Judge.
These two petitions for review were consolidated for purposes of the hearing, but the questions presented are distinct, and will be dealt with separately in this opinion.
In the first case, the question is whether reserves required by state law to be maintained by life insurance companies for the payment of incurred disability benefits are reserves required by law within the meaning of Section 203 (a) (2) of the Revenue Act of 1932, 26 U.S.C.A.Int.Rev.Code, § 203(a) (2). The board held that they were. Pan-American Life Ins. Co. v. Commissioner of Internal Revenue, 38…
2Cases cited18 opinions
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Old Colony Trust Co. v. CommissionerSupreme Court of the United States · 1929
- Helvering v. R. J. Reynolds Tobacco Co.Supreme Court of the United States · 1939
- United States v. Dakota-Montana Oil Co.Supreme Court of the United States · 1933
- Hardware Dealers Mutual Fire Insurance v. Glidden Co.Supreme Court of the United States · 1931
13 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Leggett v. Missouri State Life Insurance CompanySupreme Court of Missouri · 1960
- Helvering v. Oregon Mutual Life InsuranceSupreme Court of the United States · 1940
- Commissioner of Internal Rev. v. Monarch Life Ins. Co.Court of Appeals for the First Circuit · 1940
- Commercial Nat. Bank v. ParsonsCourt of Appeals for the Fifth Circuit · 1944
- Illinois Power Co. v. CommissionerUnited States Tax Court · 1986
15 more not listed; retrieve them via the Exa API.