If under the trust Instrument It Is Impossible, at any time prior to the satisfaction of all liabilities with respect to employees and their beneficiaries under the trust, for any part of the corpus or Income to be (within the taxable year or thereafter)... Reports of the Tax Court of the United States - Page 784by United States. Tax Court - 1955Full view - About this book
| United States. Congress. Senate. Committee on Finance - 1939 - 780 pages
...it is impossible, at any time prior to the satisfaction of all liabilities with respect to employees under the trust, for any part of the corpus or income...other than for the exclusive benefit of his employees, shall not be taxable under section 161, but the amount actually distributed or made available to any... | |
| United States, United States. Congress. House. Committee on Ways and Means - 1938 - 348 pages
...it is impossible, at any time prior to the satisfaction of all liabilities with respect to employees under the trust, for any part of the corpus or income...other than for the exclusive benefit of his employees, shall not be taxable under section 161, but tbe amount actually distributed or made available to any... | |
| 1940 - 1806 pages
...all liabilities to employees covered by the trust) for any part of the trust corpus or income to be e period of administration, or by a corporation, the tax shall be assessed such employees. (d) Impossibility of diversion. As used in section 165 (a) (2), the phrase "if under... | |
| 1941 - 1688 pages
...all liabilities to employees covered by the trust) for any part of the trust corpus or income to be used for, or diverted to, purposes other than for the exclusive benefit of such employees. (d) Impossibility of diversion. As used in section 165 (a) (2), the phrase "if under... | |
| United States - 1953 - 1744 pages
...it is impossible, at any time prior to the satisfaction of all liabilities with respect to employees ot connected with the trade or business, if the loss...shall be allowed as a deduction under this paragraph shall not be taxable under section 161, but the amount actually distributed or made available to any... | |
| United States - 1964 - 1098 pages
...at any time prior to the satisfaction of all liabilities, with respect to employees under the plan, for any part of the corpus or income to be (within...taxable year or thereafter) used for, or diverted to, any purpose other than the providing of supplemental unemployment compensation benefits, (ii) such... | |
| United States - 1965 - 1110 pages
...at any time prior to the satisfaction of all liabilities, with respect to employees under the plan, for any part of the corpus or income to be (within...taxable year or thereafter) used for, or diverted to, any purpose other than the providing of supplemental unemployment compensation benefits, (ii) such... | |
| United States - 1988 - 1290 pages
...under the plan to provide such benefits, for any part of the corpus or income of such separate account to be (within the taxable year or thereafter) used for, or diverted to, any purpose other than the providing of such benefits, (5) notwithstanding the provisions of subsection... | |
| United States. U.S. Congress. Senate. Committee on finance - 1942 - 1386 pages
...it is impossible, at any time prior to the satisfaction of all liabilities with respect to employees under the trust, for any part of the corpus or Income...other than for the exclusive benefit of his employees, * « » Under this provision, the employer could recover any reserves if a plan is terminated and if... | |
| United States. Congress. Senate. Committee on Finance - 1942 - 1328 pages
...it is impossible, nt nny time prior to the satisfaction of nil liabilities with respect to employees under the trust, for any part of the corpus or income...other than for the exclusive benefit of his employees, « • * Under this provision, the employer could recover any reserves if a plan is terminated and... | |
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