 The grantor shall be treated as the owner of any portion of a trust, whether or not he is treated as such owner under section 674, whose income without the approval or consent of any adverse party is. or. in the discretion of the grantor or a nonadverse...  Reports of the Tax Court of the United States - Page 479by United States. Tax Court - 1997Full view - About this book
 | 1976 - 536 pages
...the owner of any portion of a trust, whether or not he Is treated as such owner under section 674, whose Income without the approval or consent of any...both, may be — (1) Distributed to the grantor or the grantor's spouse; (2) Held or accumulated for future distribution to the grantor or the grantor's... | |
 | 1977 - 568 pages
...the owner of any portion of a trust, whether or not he is treated as such owner under section 674, whose income without the approval or consent of any...both, may be— (1) Distributed to the grantor or the grantor's spouse: (2) Held or accumulated for future distribution to the grantor or the grantor's... | |
 | 1960 - 880 pages
...the owner of any portion of a trust, whether or not he la treated as such owner under section 674. whose Income without the approval or consent of any...or both, may be — (1) Distributed to the grantor; (2) Held or accumulated for future distribution to the grantor; or (8) Applied to the payment of premiums... | |
 | 1971 - 748 pages
...the owner of any portion of a ..-ist. whether or not he Is treated as such owner under section 674, whose Income without the approval or consent of any...or both, may be — (1) Distributed to the grantor; (2) Held or accumulated for future distribution to the grantor; or (3) Applied to the payment of premiums... | |
 | 1967 - 408 pages
...not he Is treated as such owner under section 674, whose Income without the approval or consent oí any adverse party Is, or, In the discretion of the...or both, may be — (1) Distributed to the grantor; (2) Held or accumulated for future distribution to the grantor; or (3) Applied to the payment of premiums... | |
 | 2002 - 820 pages
...Under section 677 a grantor is, in general, treated as the owner of a portion of a trust whose income is, or in the discretion of the grantor or a nonadverse party, or both, may be applied in discharge of a legal obligation of the grantor (or his spouse in the case of property transferred... | |
 | 1998 - 732 pages
...as the Infernal Revenu« Service, Treasury §1.67 7 (ab l owner of a portion of a trust whose Income is. or In the discretion of the grantor or a nonadverse party, or both, may be applied in discharge of a legal obligation of the grantor (or his spouse in the case of property transferred... | |
 | 1985 - 548 pages
...Under section 677 a grantor is, in general, treated as the owner of a portion of a trust whose income is, or in the discretion of the grantor or a nonadverse party, or both, may be applied in discharge of a legal obligation of the grantor (or his spouse in the case of property transferred... | |
 | 1984 - 504 pages
...the taxable year or for a period not within the exception described in paragraph (e) of this section is, or in the discretion of the grantor or a nonadverse party, or both (without the approval or consent of any adverse party) may be: (i) Distributed to the grantor; (ii)... | |
 | 1970 - 438 pages
...testamentary disposition by the grantor or to income which may be accumulated for such distribution in the discretion of the grantor or a nonadverse party, or both, without the approval or consent of any adverse party. For example, if a trust instrument provides that... | |
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