Description: This discussion looks at the latest developments in the U.S. federal taxation of life insurance companies. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.

Description: From the 1960 Transactions Vol. 12 No. 33, this ‘Digest of Informal Discussion’ took place at the 1960 Eastern Spring Meeting of the Society of Actuaries, held in Washington, D.C. March 24-25. The participants discussed the effects of federal income tax on the guarantees involved in annuity considerations, settlement options, pension funds, interest on funds left on deposit, and nonparticipating premiums.

Description: The paper sets forth a procedure, based on actual experience, for determining extra life insurance reserves for term insurance conversion rights for annual statement purposes. Followed by several submitted discussion papers.

Description: Section 818c of the Life Insurance Company Income Tax Act of 1959 provides, for companies holding other than net level premium reserves, a choice of two methods: exact revaluation or approximate revaluation to this basis. This paper discusses the impact of the choice on the level of a company's tax reserves. A discussion paper follows.

Description: This discussion at an SOA 1968 Regional Meeting focuses on federal income tax questions including recent rulings, company organization around tax work, the role of actuaries, and Canadian developments.

Description: This discussion at the SOA 1968 Philadelphia and Los Angeles Regional Meetings focuses on federal income tax questions including recent rulings, company organization around tax work, the role of actuaries, and Canadian developments.

Description: This is a discussion about 1959 Act dealing with federal income tax on life insurance companies. Specific topics include: A. Impact the new tax law has had on: i the investment policies of individual companies, ii company accounting systems and procedures, iii actuarial bases for new contracts? B. What principles have been followed in allocating the federal income tax among the annual statement lines of business? How is the assessment to a line of business with a loss from operations established? Is the tax on the interest on surplus allocated on some general basis or with regard to the relative contributions of the different lines to the accumulated surplus? C. How is the tax taken into account in asset share tests and dividend scale determinations?

Description: This is a discussion about the United States Federal Income Tax. From Transactions of Society of Actuaries 1969, Vol. 21. Pt. 2, No. 59

Description: Report highlighting some income tax legislative and litigation issues for insurance companies in 1962

Description: This session at the SOA 1962 Jacksonville Regional Meeting is a discussion about federal income tax topics for smaller companies.