Internal Revenue Code:Sec. 804. Life insurance deductions

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Contents


Location in Internal Revenue Code


     TITLE 26 - INTERNAL REVENUE CODE
      Subtitle A - Income Taxes
       CHAPTER 1 - NORMAL TAXES AND SURTAXES
        Subchapter L - Insurance Companies
         PART I - LIFE INSURANCE COMPANIES
          Subpart C - Life Insurance Deductions
        

Statute

    Sec. 804. Life insurance deductions
 
      For purposes of this part, the term ''life insurance deductions''
    means -
        (1) the general deductions provided in section 805, and
        (2) the small life insurance company deduction (if any)
      determined under section 806(a).
 

Sources

    (Added Pub. L. 98-369, div.  A, title II, Sec. 211(a), July 18,
    1984, 98 Stat. 722; amended Pub. L. 99-514, title X, Sec.
    1011(b)(2), Oct. 22, 1986, 100 Stat. 2389.)
 

Miscellaneous

                              PRIOR PROVISIONS
      A prior section 804, added Pub. L. 86-69, Sec. 2(a), June 25,
    1959, 73 Stat. 115; amended Pub. L. 87-858, Sec. 3(b)(2), Oct. 23,
    1962, 76 Stat. 1137; Pub. L. 88-272, title II, Sec. 214(b)(3), Feb.
    26, 1964, 78 Stat. 55; Pub. L. 91-172, title IV, Sec. 401(b)(2)(D),
    Dec. 30, 1969, 83 Stat. 602; Pub. L. 94-455, title XIX, Sec.
    1901(a)(96), (b)(1)(J)(i), (iii), (K), (M), (33)(F), Oct. 4, 1976,
    90 Stat. 1780, 1791, 1801, defined the term ''taxable investment
    income'' and provided for the computation of such income, prior to
    the general revision of this part by Pub. L. 98-369, Sec. 211(a).
      Another prior section 804, acts Aug. 16, 1954, ch. 736, 68A Stat.
    258; Mar. 13, 1956, ch. 83, Sec. 2, 70 Stat. 41, related to reserve
    and other policy liability deductions, prior to the general
    revision of this part by Pub. L. 86-69, Sec. 2(a).
                                 AMENDMENTS
      1986 - Pars. (2), (3). Pub. L. 99-514 redesignated par. (3) as
    (2), substituted ''section 806(a)'' for ''section 806(b)'', and
    struck out former par. (2), which read as follows: ''the special
    life insurance company deduction determined under section 806(a),
    and''.
                      EFFECTIVE DATE OF 1986 AMENDMENT
      Amendment by Pub. L. 99-514 applicable to taxable years beginning
    after Dec. 31, 1986, see section 1011(c)(1) of Pub. L. 99-514, set
    out as a note under section 453B of this title.
                               EFFECTIVE DATE
      Section applicable to taxable years beginning after Dec. 31,
    1983, see section 215 of Pub. L. 98-369, set out as a note under
    section 801 of this title.
 

References

                   SECTION REFERRED TO IN OTHER SECTIONS
      This section is referred to in sections 801, 806, 810 of this
    title.
 

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