Common use of DAC Tax Election Clause in Contracts

DAC Tax Election. The parties to this Agreement agree to make the election set forth below pursuant to Section 1.848-2(g) (8) of the Income Tax Regulations issued under Section 848 of the Code. This election shall be effective for taxable year 2016 and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 16 contracts

Samples: Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co)

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DAC Tax Election. The parties to this Agreement agree to make the election set forth below pursuant to Section 1.848-2(g) (8) of the Income Tax Regulations issued under Section 848 of the Internal Revenue Code of 1986, as amended (the “Code”). This election shall be effective for taxable year 2016 2013 and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 2 contracts

Samples: Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance Agreement (MEMBERS Life Insurance Co)

DAC Tax Election. The parties to this Agreement agree to make the election set forth below pursuant to Section 1.848-2(g2(g)(8) (8) of the Income Tax Regulations issued under Section 848 of the Internal Revenue Code of 1986, as amended (the “Code”). This election shall be effective for taxable year 2016 2009 and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 1 contract

Samples: Coinsurance Agreement (Eagle Life Insurance Co)

DAC Tax Election. The parties to this Agreement agree to make the election set forth below pursuant to Section 1.848-2(g) (8) of the Income income Tax Regulations issued under Section 848 of the Internal Revenue Code of 1986, as amended (the "Code"). This election shall be effective for taxable year 2016 2012 and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 1 contract

Samples: Coinsurance Agreement (MEMBERS Life Insurance Co)

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DAC Tax Election. The parties to this Agreement agree to make the election set forth below pursuant to Section 1.848-2(g2(g)(8) (8) of the Income Tax Regulations issued under Section 848 of the Internal Revenue Code of 1986, as amended (the “Code”). This election shall be effective for taxable year 2016 2010 and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 1 contract

Samples: Coinsurance Agreement (Eagle Life Insurance Co)

DAC Tax Election. The parties to this Agreement agree to make the election set forth below pursuant to Section 1.848-2(g) (8) of the Income Tax Regulations issued under Section 848 of the Internal Revenue Code of 1986, as amended (the "Code"). This election shall be effective for taxable year 2016 2013 and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 1 contract

Samples: Coinsurance Agreement (MEMBERS Life Insurance Co)

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