Taxation of Life Insurance Products : Background and Issues.

Provides background on the tax treatment of life insurance under Internal Revenue Code. Provides an overview of the term life insurance and cash value life insurance products, details income tax provisions applied to owners of life insurance, and considers the current tax treatment justifications fr...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2003.
Series:	U.S. Congressional Research.
Subjects:	Big business. Economic policy. Finance > Law and legislation. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Provides background on the tax treatment of life insurance under Internal Revenue Code. Provides an overview of the term life insurance and cash value life insurance products, details income tax provisions applied to owners of life insurance, and considers the current tax treatment justifications from a tax policy perspective. Analyzes corporate-owned life insurance and split dollar life insurance, which provide tax benefits to corporations.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.