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Helvering v. Oregon Mut. Life Ins. Co., 311 U.S. 267 (1940)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Helvering v. Oregon Mut. Life Ins. Co., 311 U.S. 267 (1940)
Helvering v. Oregon Mutual Life Insurance Co. No. 564 Argued November 19, 1940 Decided December 9, 1940 311 U.S. 267
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE NINTH CIRCUIT
Syllabus
1. Section 203(a)(2) of the Revenue Acts of 1932 and 134, which permit a life insurance company -- defined by the Acts as
an insurance company engaged in the business of issuing life insurance and annuity contracts (including contracts of combined life, health, and accident insurance)
-- in computing income tax, to deduct from gross income an amount equal to a prescribed percentage of its "reserve funds required by law," authorizes such deduction in respect of reserves (required by law) based upon disability provisions of policies of combined life and disability insurance. P. 270.
2. The deduction may be taken in respect of such reserves whether the policyholders have then incurred disability or not. P. 271.
112 F.2d 468 affirmed.
Certiorari, post, p. 640, to review the affirmance of a decision of the Board of Tax Appeals which reversed a determination of a deficiency in income tax.
Contents:
Chicago:
U.S. Supreme Court, "Syllabus," Helvering v. Oregon Mut. Life Ins. Co., 311 U.S. 267 (1940) in 311 U.S. 267 Original Sources, accessed August 30, 2025, http://www.originalsources.com/Document.aspx?DocID=2TBXHU3T24QFQQN.
MLA:
U.S. Supreme Court. "Syllabus." Helvering v. Oregon Mut. Life Ins. Co., 311 U.S. 267 (1940), in 311 U.S. 267, Original Sources. 30 Aug. 2025. http://www.originalsources.com/Document.aspx?DocID=2TBXHU3T24QFQQN.
Harvard:
U.S. Supreme Court, 'Syllabus' in Helvering v. Oregon Mut. Life Ins. Co., 311 U.S. 267 (1940). cited in 1940, 311 U.S. 267. Original Sources, retrieved 30 August 2025, from http://www.originalsources.com/Document.aspx?DocID=2TBXHU3T24QFQQN.
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