New World Life Insurance Co. v. United States

Court: Supreme Court of the United States
Date filed: 1940-12-09
Citations: 311 U.S. 620, 61 S. Ct. 314, 85 L. Ed. 393, 1940 U.S. LEXIS 47, 24 A.F.T.R. (P-H) 1080
Copy Citations
1 Citing Case
Lead Opinion
Per Curiam:•

The judgment is affirmed upon the first ground set forth in the opinion of the Court of Claims with respect 'to investment expenses, the views expressed on the second question considered by the Court of Claims as to the right of deduction on account of insurance reserves not being an essential basis for the judgment and being contrary to Helvering v. Oregon Mutual Life Insurance Co., ante, p. 267.