Description: Full version of Taxing Times, May 2007, Volume 3, Issue No. 2.

Description: This article is a companion to “They Go Bump in the Night: Life Insurance Policies and the Law of Material Change,” an article written by John T. Adney and Craig R. Springfield (May 2012 Taxing Times Supplement) that describes the various material change rules found in the Code, highlighting the complexities insurers face in navigating through these rules when a life insurance contract is materially changed. The Adney and Springfield article also addresses the difficulties in interpreting the tax law requirements under the various effective date rules contained in the Code sections affecting life insurance contracts.

Description: Full version of Taxing Times, September 2007, Volume 3, Issue No. 3.

Description: A brief discussion of the articles included in the February 2013 issue of Taxing Times.

Description: The interaction of section 7702 cash value accumulation test [CVAT] and state nonforfeiture laws [SNFL] create a dual limitation on traditional life insurance contratcs. CVAT limiting the maximum permissible cash value and SNFL requiring a minimum cash surrender value. This article examines these dual limitations.

Description: A discussion of risk and tax risk.

Description: Full version of Taxing Times, May 2005, Volume 1, Issue No. 1.

Description: This article discusses risk transfer and how difficult it is to define and describe. For actuaries, the challenge is to develop an analytical framework under which the presence of insurance risk can be identified and assessed.

Description: A discussion of the successes of the Taxation Section, with special emphasis on the increased visibility of tax in the actuarial profession.

Description: A discussion about the Taxation Section goals and accomplishments including meetings, webinar program, volunteering and research activities.