 In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be allowed to the life tenant.  Internal Revenue Cumulative Bulletin - Page 83by United States. Internal Revenue Service - 1971Full view - About this book
 | United States. Supreme Court - 1940 - 894 pages
...tear of property used in the trade or business, including a reasonable allowance for obsolescence. In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be allowed... | |
 | United States. Court of Claims - 1948 - 886 pages
...tear of property used In the trade or business. Including a reasonable allowance for obsolescence. In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be allowed... | |
 | United States. Court of Claims - 1945 - 952 pages
...the Court Treasury Regulations 86 and 94 provided as follows : ART. 23 (Z)-1. Depreciation. — . ... In the case of property held by one person for life with remainder to another person, the deduction for depreciation shall be computed as if the life tenant were the absolute owner of the property so... | |
 | Philippines - 1986 - 492 pages
...and tear (including reasonable allowance for obsolescence) of property used in the trade or business. In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be slaved... | |
 | United States - 1928 - 268 pages
...tear of property used in the trade or business, including a reasonable allowance for obsolescence. In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be allowed... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 626 pages
...Secretary. In the case of leases the deduction shall be equitably apportioned between the lessor and lessee. In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be allowed... | |
 | United States. Internal Revenue Service - 1931 - 502 pages
...tear of property used in the trade or business, including a reasonable allowance for obsolescence. In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be allowed... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...section 113 and articles 591-606. Due regard must also be given to expenditures for current upkeep. In the case of property held by one person for life with remainder to another person, the deduction for depreciation shall be computed as if the life tenant were the absolute owner of the property so... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 pages
...In the case of leases the deductions shall be equitably apportioned between the lessor and lessee. In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life ten60 ant were the absolute owner of the property and shall be allowed... | |
 | United States U.S. Congress. Senate. Committee on finance - 1935 - 420 pages
...full cost of any property actually acquired after September 1, 1935, and prior to December 31, 1936. In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be allowed... | |
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