statutory reserves
Defined in 2 places — 1 distinct definitions of the United States Code.
The term “statutory reserves” means the aggregate amount set forth in the annual statement with respect to items described in section 807(c). Such term shall not include any reserve attributable to a deferred and uncollected premium if the establishment of such reserve is not permitted under section 811(c).
Same definition in 2 sections
- 2005–present26 U.S.C. § 807Internal Revenue Code · Rules for certain reserves · under this subchapter
- 1994–present26 U.S.C. § 809Internal Revenue Code · Repealed. Pub. L. 108218, title II, 205(a), Apr. 10, 2004, 118 Stat. 610] · in this section