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- Title
Taxation of Group Term Life Insurance--Part 1.
- Abstract
The article examines a section of the Internal Revenue Code dealing with the taxation of group term life insurance in the United States. The U.S. Treasury Department's reevaluation of the premium rates are discussed. The author notes the effective dates of the revised Uniform Premium Table. The under-25 age bracket is introduced, which allows younger people to pay less for insurance and have lower uniform premiums.
- Subjects
UNITED States; TAXATION of life insurance; INTERNAL revenue law; TERM life insurance; INSURANCE premiums; UNITED States. Dept. of the Treasury; TERM life insurance policies; CORPORATE accounting
- Publication
Strategic Finance, 2000, Vol 81, Issue 12, p16
- ISSN
1524-833X
- Publication type
Article