Current through Pub. L. 119-100Open in workspace

§ 801 Tax imposed

(a) Tax imposed

A tax is hereby imposed for each taxable year on the life insurance company taxable income of every life insurance company. Such tax shall consist of a tax computed as provided in section as though the life insurance company taxable income were the taxable income referred to in section .

(b) Life insurance company taxable income

For purposes of this part, the term “life insurance company taxable income” means—

(1) life insurance gross income, reduced by

(2) life insurance deductions.

(Added Pub. L. 98–369, div. A, title II, § 211(a), July 18, 1984, 98 Stat. 720; amended Pub. L. 99–514, title X, § 1011(b)(3), Oct. 22, 1986, 100 Stat. 2389; Pub. L. 115–97, title I, §§ 13001(b)(2)(G), 13512(b)(3), 13514(b), Dec. 22, 2017, 131 Stat. 2096, 2143.)

Operative text only. Editorial notes, amendment history, and effective dates: official OLRC text of § 801

Source: decipher.legal/usc/26/801 · Internal Revenue Code, current through Pub. L. 119-100 (OLRC XML of 2026-04-17)