HELVERING v. PAN-AMERICAN LIFE INS CO

Mr. Robert H. Jackson, Atty. Gen., and Arnold Raum, of Washington, D. C., for petitioner. [311 U.S. 272, 273]   Mr. Eugene J. McGivney, of New Orleans, La., for respondent.

Mr. Justice BLACK delivered the opinion of the Court.

This case involves respondent's income tax for the tax year 1933. It is in all respects governed by our decision in Helvering v. Oregon Mutual Life Ins. Co., 311 U.S. 267 , 61 S.Ct. 207, this day decided, and on the authority of that case the decision below is

Affirmed.