DEFRATaxablePortionL2Y

Description
DEFRA Taxable Portion Last 2 Years

Type : Currency

Definition
DEFRA refers to the Deficit Reduction Act of 1984 (DEFRA) legislation. This is the taxable portion of the sum of the premiums paid into the policy since issue, with adjustments for disbursements and 'force-outs' (as defined by the Technical and Miscellaneous Revenue Act of 1988 (TAMRA) legislation).

Parents
LifeUSA