ALLcrimesfood&drugstaxestelecomcommercehealthconservationtransportationagricultureveteransbrowse all titles »
0

26 U.S.C. § 812 — Definition of company’s share and policyholder’s share

submitted 42 years ago by Pub. L. 98-369 to r/title-26-INTERNAL-REVENUE-CODE · 54 words · no verdicts yet

in plain englishAI-generated · not legal advice

For taxable years beginning after December 31, 2017, this section sets the company’s share at 70 percent and the policyholder’s share at 30 percent.

(a) For section 805(a)(4), “company’s share” means 70 percent for a taxable year beginning after December 31, 2017. This section does not define it further. (b) For section 807, “policyholder’s share” means 30 percent for such a taxable year. This section does not define it further.

the actual law source: uscode.house.gov ↗public domain
(a) Company’s share

For purposes of section 805(a)(4), the term “company’s share” means, with respect to any taxable year beginning after December 31, 2017, 70 percent.

(b) Policyholder’s share

For purposes of section 807, the term “policyholder’s share” means, with respect to any taxable year beginning after December 31, 2017, 30 percent.

Source credit: (Added Pub. L. 98–369, div. A, title II, § 211(a), July 18, 1984, 98 Stat. 741; amended Pub. L. 99–514, title XVIII, § 1821(i), Oct. 22, 1986, 100 Stat. 2840; Pub. L. 100–203, title X, § 10241(b)(2)(B), Dec. 22, 1987, 101 Stat. 1330–420; Pub. L. 100–647, title I, § 1018(h)(1), title II, § 2004(p)(2), Nov. 10, 1988, 102 Stat. 3583, 3608; Pub. L. 104–188, title I, § 1602(b)(2), Aug. 20, 1996, 110 Stat. 1833; Pub. L. 105–34, title X, § 1084(b)(3), Aug. 5, 1997, 111 Stat. 955; Pub. L. 108–218, title II, § 205(b)(4), Apr. 10, 2004, 118 Stat. 610; Pub. L. 113–295, div. A, title II, § 221(a)(41)(G), Dec. 19, 2014, 128 Stat. 4044; Pub. L. 115–97, title I, § 13518(a), Dec. 22, 2017, 131 Stat. 2148.)

history & why it existsrecord from the source credit
  • 1984Enacted · Pub. L. 98-369 · 98 Stat. 741
  • 1986Amended · Pub. L. 99-514 · 100 Stat. 2840
  • 1987Amended · Pub. L. 100-203 · 101 Stat. 1330
  • 1988Amended · Pub. L. 100-647 · 102 Stat. 3583, 3608
  • 1996Amended · Pub. L. 104-188 · 110 Stat. 1833
  • 1997Amended · Pub. L. 105-34 · 111 Stat. 955
  • 2004Amended · Pub. L. 108-218 · 118 Stat. 610
  • 2014Amended · Pub. L. 113-295 · 128 Stat. 4044
  • 2017Amended · Pub. L. 115-97 · 131 Stat. 2148

A history note hasn’t been published yet. The record shows enactment by Pub. L. 98-369 on 1984-07-18.

all 0 arguments · sorted by: best

0/280

no arguments yet — make the first case