{"identifier":"/us/usc/t26/s801","title":26,"num":"\u00a7\u202f801.","heading":"Tax imposed","text":"\u00a7\u202f801.\nTax imposed\n(a)\nTax imposed\nA 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 11 as though the life insurance company taxable income were the taxable income referred to in section 11.\n(b)\nLife insurance company taxable income\nFor purposes of this part, the term \u201clife insurance company taxable income\u201d means\u2014\n(1) life insurance gross income, reduced by\n(2) life insurance deductions.","url":"https://projectusc.org/usc/t26/s801.html","content":[{"t":"sec","id":"/us/usc/t26/s801","children":[{"t":"num","text":"\u00a7\u202f801."},{"t":"heading","text":"Tax imposed"},{"t":"subsec","id":"/us/usc/t26/s801/a","children":[{"t":"num","text":"(a)"},{"t":"heading","text":"Tax imposed"},{"t":"content","children":[{"t":"p","text":"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 11 as though the life insurance company taxable income were the taxable income referred to in section 11.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t26/s801/b","children":[{"t":"num","text":"(b)"},{"t":"heading","text":"Life insurance company taxable income"},{"t":"chapeau","text":"For purposes of this part, the term \u201clife insurance company taxable income\u201d means\u2014"},{"t":"para","id":"/us/usc/t26/s801/b/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" life insurance gross income, reduced by","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t26/s801/b/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" life insurance deductions.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}