§92

The allocation was improper, the Court held, because the two banks were prohibited from receiving insurance commission income by section 92 of the National Bank Act.

Code § 92 (West 2022); see Berry v. Commissioner, T.C. Memo. 2005-91. More fundamentally, federal law rather than state law governs the federal income tax treatment of such payments. See, e.g., Bardwell v. Commissioner, 318 F.2d 786, 789 (10th Cir. 1963) (citing Soltermann v. United States, 272 F.2d 387 (9th Cir. 1959)), aff’g 38 T.C. 84 (1962). “Althou

California law provides that a spousal support obligation terminates upon the death ofthe payee spouse.

92 (West 2004). As discussed supra pp. 11-12, the term entered the statutory lexicon in 1981 as the result of an attempt by the California legislature to reconcile principles of California child support law with Federal income tax law regarding the deductibility of payments to an ex-spouse. While portions of the Family Code are devoted exclusi

92 (1986); if a plaintiff shows that a defendant in an action for libel acted with malice in making a defamatory statement, the plaintiff may recover even if the statement is true, see Shaari v. Harvard Student Agencies, Inc., 691 N.E. 2d 925, 927 (Mass. 1998); damages for defamation and libel include mental suffering, harm to reputation and s

apply to the lease agreement in- volved here that was entered into in June 1988, and nothing herein is intended to convey, and nothing herein should be (continued...) - 23 - legislative history of the Deficit Reduction Act of 1984, Pub. L. 98-369, sec. 92(a), 98 Stat. 494, 610, which enacted section 467 into the Code, provides guidance as to the meaning of that term. The conference committee report (committee report) indicates in pertinent part: In addition, the conferees intend that the regula-