Internal Revenue Code (Title 26 U.S.C.)

26 U.S.C. § 812 (2024) — Definition of company's share and policyholder's share

Company's share

For purposes of section 805(a)(4), the term "company's share" means, with respect to any taxable year beginning after December 31, 2017, 70 percent.

Policyholder's share

For purposes of section 807, the term "policyholder's share" means, with respect to any taxable year beginning after December 31, 2017, 30 percent.

Last amended: 2024-12-31

Source: official text