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Amerco V Commissioner

AMERCO v. Commissioner

Definition

AMERCO v. Commissioner — one of three cases decided in January 1991 in which premiums paid to wholly owned insurance companies were deemed deductible expenses. Substantial unrelated business, among other tests, was critical. [96 T.C. 18 (1991), aff'd, 979 F.2d 162 (9th Cir. 1992)].

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