Life Insurance Taxation
Life Insurance Taxation
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In our eReader you can find the full English version of the book. Read Life Insurance Taxation Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Life Insurance Taxation
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To quickly assess the difficulty of the text, read a short excerpt:
86 1905 308, 566. 62 12 1906 331, 964. 83 1907 358, 980. 48 1908 365, 303. 61 1909 403, 238. 68 1910 433, 755. 45 1911 450, 704. 78 Total, 13 years. . |4, 115, 226. 41 SHALL ANY TAX BE IMPOSED?
In dealing with the vital questions entering into the problem of life insurance taxation, the in- vestigator is confronted with the proposition often urged on behalf of life companies that, aside from the capital of stock companies, they should not be taxed at all except in respect to real estate owned a...nd such exactions as may be necessary to defray the public expense of official inspection and regu- lation through a state insurance department or otherwise.
It is represented in support of this contention that life insurance is a beneficent thing and should be encouraged and fostered by exemption instead of being burdened with a tax; that the assets of such companies held in trust for policy holders are accumulated savings the taxation of which would be a burden upon and a discouragement of provi- dence and thrift; that such assets, other than real estate, consist mainly of interest or dividend bearing securities which are merely representative of interests in tangible property usually fully taxed in the jurisdiction where located, and to tax both would be double taxation in economic effect.
What to read after Life Insurance Taxation?
You can find similar books in the "Read Also" column, or choose other free books by Curtius, Georg, 1820-1865 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
86 1905 308, 566. 62 12 1906 331, 964. 83 1907 358, 980. 48 1908 365, 303. 61 1909 403, 238. 68 1910 433, 755. 45 1911 450, 704. 78 Total, 13 years. . |4, 115, 226. 41 SHALL ANY TAX BE IMPOSED?
In dealing with the vital questions entering into the problem of life insurance taxation, the in- vestigator is confronted with the proposition often urged on behalf of life companies that, aside from the capital of stock companies, they should not be taxed at all except in respect to real estate owned a...nd such exactions as may be necessary to defray the public expense of official inspection and regu- lation through a state insurance department or otherwise.
It is represented in support of this contention that life insurance is a beneficent thing and should be encouraged and fostered by exemption instead of being burdened with a tax; that the assets of such companies held in trust for policy holders are accumulated savings the taxation of which would be a burden upon and a discouragement of provi- dence and thrift; that such assets, other than real estate, consist mainly of interest or dividend bearing securities which are merely representative of interests in tangible property usually fully taxed in the jurisdiction where located, and to tax both would be double taxation in economic effect.
What to read after Life Insurance Taxation?
You can find similar books in the "Read Also" column, or choose other free books by Curtius, Georg, 1820-1865 to read onlineMoreLess
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