SSAP 70 definition

SSAP 70 means Statement of Statutory Accounting Principles No. 70, Allocation of Expenses. “Tax” (or “Taxes” as the context may require) shall mean any federal, state, local or foreign net income, gross income, gross receipts, severance, property, production, sales, use, license, excise, franchise, employment, payroll, withholding, premium, alternative or add-on minimum, ad valorem, value-added,

Examples of SSAP 70 in a sentence

  • Expenses for services, office space and equipment that require an allocation shall be allocated as agreed by both Parties as described on Exhibit A to this Agreement, attached hereto and incorporated herein by reference, consistent with SSAP 70.

  • Such expenses and costs shall be allocated between Risk Control Separate Accounts, Declared Rate Separate Accounts, Variable Separate Accounts and the General Account in accordance with SSAP 70.

Related to SSAP 70

  • COVID-19 means SARS-CoV-2 or COVID-19, and any evolutions thereof or any other related or associated epidemics, pandemics or disease outbreaks.

  • HCPCS means the Healthcare Common Procedure Coding System.

  • Pharmacy care means medications prescribed by a licensed physician and any health-related services considered medically necessary to determine the need or effectiveness of the medications.