S1?K‘I‘Y=NIN'UH.DONQRESB.* Sass. I. A rCu.i27.i 11926: 4:9 (1) In tire case of such a domestic insurance c0mpe.ny,12¤,§4 per Dogg? *4; 08D§UDOfsl$9~¤0¢»l¤O0lb9$’ bw ‘r. if we (E» rem ({1; A~$ ( Aig(B§:AImithe¥c•ee 0¢.suchi.arf<1·re1gn·m¤r1r¤nceio0mp¤t:1}1{{,·;194;4 @9: '°*•‘•¤ centum of its not income from sourcw within the Uni States.;—v_ (bt Imt}q»e.c¤.se ef(a¤;ineur•nccé5c0mpsny~¤ubje<i¤tct¢h¤'I¤$>yi1n- P asf:) ;·,»iW"/ii: MTM ir} {Ag-r:‘x‘· iazzq at} be iv UG mwgoj, (1) ( —hq_¢¤m: €€gr¤sSA1»1¤¤m¤i??(mosne¤th¤;¤:omb11;edtg·o¤Aimvunt ·'°’¥ W
thmtsx¤b1e4y99xmErpxw¤¤pvestmga§
¤.¤derwpitmg( income as A; gmmdedi me thu; subd¤m1q¤,;mmpub¤»i(en the basus of the underwr1ti1§ and 1nvestm.e¤t ‘ stqtqmenmppmvedrbyethae ~mna12C¤n¥¤n¤nn» Jwumnw _ A · ‘ J _ m18$&11€¤`§" (Y.E»» to z A ··:·;¤»*~.»<; xr *»%‘»§,·»·t·£ aa: J ;»·A»<<A:·:~‘ _, ,, _ (2) Tim, term “d18t income':’Lmeaus theigross inedinei aslgdgdned N°°”‘°°“"°‘ s¤¤; »;(1)-¤f(&him¤¤bd1yisi0esAJ¤s¤r¢he. ellmvedyby A M c, ( EI ‘£‘ AAr»<‘· Ar]: 3 ~»>:§ZY.·¢ E ;;mAAAw<A¤ (> Amins in ~;;z<irm§_ ` QM ` ` V ,·r(3)»Th¤ }¤¤¤{:“$riv¤e¢¤¤¤uts A J§V°“°“°“‘ "* mwntw dnxfingwhertexeble ywr f!`98¥g1RMK'§F*si§$iV¤*1%&#»·&¥;)4§ W
3 _ __ *s·__0WB•’$; \‘¥*,S;"'1•~;i? (Ii"`! " ’_¤*· iii J’>l*.'
we gdrnmrmz d;q i;;%A1»m;S\ ¥%ad({I¤1§é1;§at§x§bl$ ¤·>¤~¤··>r- ¥¤&¤i.., H! (YPUPA _A A 1P ‘ Nm it ¢f$!;¢2 r¤gd ¤£:gy¤¤v31 <dmdzms1¤ msfmnésdw A and accrued at the en of _ eprecedmg taxable egg; mi ;A, .gA uunduwmn hr tz ¢$%»¥§2%m¤·m¤!?mderwra·$1mzne¤¤e¤A"(m¤¤¤s&¥»¤41re¤¤¤em? A ed on insurance contracts durgxngthe ¤y,¢§§‘,,]§§¤3[9§Q§g( and exgfilnses incurred; _ _ _ ` ,,1, Mmmm umd (5) B ¢¤ru».(·{f;pr¤m¤pm¢r·e»rw¢ enz sxtmts durmg ·¤~.·· < A ’ theizitaxabga year’ means an amount compu as f ows: Omwmmr wom t e amoyng4 , _, _‘ stgyri (_ insurance con- A _$’· tracts the_ta£$>fe yealia 1;; uct returtxqrp and pre- ¤¤e¤s¤1>A new A Azam , A r¤¤s1¢A A.;s¤é5>1§¤¤ A V. — vwmums ¢¤t¤¤&:§:;i;ez<;$¤Mm¤¤r¢ $h¤ · _ Ai A »P¤‘%q§h!%8,$9·?¥1 " ¤b1<> ¤¤d= dnductgwfgxeeyd :nr¢w¤¤§»;¤e.qv,,AAA dm
‘I¢,Ag'i}.1 Ir Qfv i‘* ·$ %5¥;?··‘}"A ~‘Q· V' · gfx?} g·»=Ai '§ •¢Lm6al¤cu¤Bd_n
6) 'I¤¤¤_!·$¤‘m (I¤$S¢S((1¤<>¤W¤U»}1¤¢¤P§¤L9@»1¤¤F¤9§rF1“¥W8¤$h¤ taxable year on insurance contracts, compu as follows: * ‘_ ‘ com Hunan Gi To losses paid during,t1ie__tax¤b1e year add salvage and remsur- p ' ance recggraggble oixtstancgztg at the cud) of the glreoedmg tuxebiei Fm M! . !¤§§·» AVQQQ A ur- "T·FQY°F§‘ »€~ mgi? ih¤¤;¤d¤f(§h¤A l¤— (A ¤¥h9 A AA A A #@9%}%
AA ‘ yew ..es¤§.s¤i.¢ks· ¤x¤i·1¤ y¤¤e·r%dA·A A¤
i<2e¤~·>¤· A A at-· ef 5¤e>¢¤i§#cr€¤42,1eJ4¤e*‘.e; nr-. ..E Hi md,. >(7)e{A °( ¥'¤¥.;»°¤P¤HS¢$(W°“¤'¤§¢¤¤¢°P“·iZg];A 9?g¢?»€t*°.F’¥'u9¥ °°° '
emmvggy ;*~h¢» 3i··§¤ 9§v·#¥$%¤¤.As·
Q¤¥¤*¤¥$%`=9¤9*`$¤ ( Z-b° **9;; °?¥YFF[i·(¤td O,,,,,;,t,,,,,,,L
‘· »s1¤$¥¥4»8A*b¢ *#?¥>I°A&%¤·9*{$?;¢Q9¤¤QF B¤P°%.
M f ¤ <-Misa ; h1¤$~i~¤»·¤ndAA (eQ¤¤ W end of the p uu g xa e year. For Y. egfrposeo the net income subjectitgggbe jmpwpd _1¤ ¤6?@1°¤ URN ·¤ ·¤ be deducted from expenses incurred ae deHn0h 1I1_th1B paragraph iu AA A`·#¢s¤r<e* ·hi¤her¤»m*~e¤¤w ·¤¤¤¤9¤¢¢&9¤¤a A . 9¤%(%"· ·· ~ A
¤¢§a»:,§£,'¥·( @`i¤·¤¤¤ep¤£gh¢h¤A¤A .·e¤g;*§(i°£&& (A I >_YS'2‘•L‘s'a·-1*
me ¤¤¤1ue¤tA_:tJ=¤Atamq1 AA AA brew A. Armed · »
Bmw
( gnu ·.,A §,xp 10% ··;1 nrc * wig.? zito m·`“;"`; K Big AA ,·~¤n¤¤v¤A ·ae.v=2~ieem1¤, 12 fx . _H K py}? ` i.' ~·(r' ‘,i.‘,·;“r ."U, » ; ·_J `Y Iwxhq`. ri ~; A . · . ¢¤((···; r¤*¢v4sYé4r'1§fZ¤s¥>§¤¢#t¥bZ<?>L(¤€(%?#}Z1%ti%i9s’§a$(,k¥ """‘ 0 r 4 A» Ry 41; wi -~·· » m(*1xi1‘:e 1 mh wi ui~v—·:£§ iA;·mg·>·s I1; armtieai ,·ss ;- ~-é:r$¥t$”7’"**¥Y*‘r1?*::*x¤<J;»·e :;.$!·‘!iZ‘ wz: Y ( of 2 5: burr: [Im? gm`? °
