 | United States. Court of Claims, Audrey Bernhardt - 1954 - 918 pages
...section In the same or any succeeding taxable year ; • Section 162 (c) provides : In the case of income received by estates of deceased persons during...period of administration or settlement of the estate, and In the case of Income which. In the discretion of the fiduciary, may be either distributed to the... | |
 | United States. Department of Justice - 1922 - 710 pages
...211 shall apply to the income of estates or of any kind of property held in trust, including — "(1) Income received by estates of deceased persons during...period of administration or settlement of the estate ;" ******* Subsection (b) (40 Stat. 1071) provides that— " The fiduciary shall be responsible for... | |
 | 1926 - 1144 pages
...and 211 shall apply to the income of estates or of any kind of property held in trust, including (1) Income received by estates of deceased persons during the period of administration or settlement of tho estate ; (2) Income accumulated in trust for the benefit of unborn or unascertained persons or... | |
 | Godfrey Nicholas Nelson - 1917 - 218 pages
...LAW AND ACCOUNTING Income Received by Estates Salary Paid by Stock Bonuses Salaries Money Equivalent "Income received by estates of deceased persons during...normal and additional tax and taxed to their estates." This is true also of income from any kind of property held in trust, including that on accumulated... | |
 | George Edwin Holmes - 1917 - 690 pages
...Law discussed in the following paragraphs. INCOME RECEIVED DURING SETTLEMENT OF DECEDENT'S ESTATE. "Income received by estates of deceased persons, during...shall be subject to the normal and additional tax," the tax to be assessed against the executor or administrator and paid by the estate, except when the... | |
 | George Edwin Holmes - 1917 - 674 pages
...Law discussed in the following paragraphs. INCOME RECEIVED DURING SETTLEMENT OF DECEDENT'S ESTATE. "Income received by estates of deceased persons, during...shall be subject to the normal and additional tax," the tax to be assessed against the executor or administrator and paid by the estate, except when the... | |
 | Joseph Jay Scott - 1917 - 386 pages
...that apply in the case of individuals. 164.— ESTATE DURING SETTLEMENT. The law provides that the "income received by estates of deceased persons during the period of administration or settlement shall be subject to the normal and additional tax and taxed to the estates." In such a case the estate... | |
 | New York (State). Comptroller's Office - 1919 - 24 pages
...purpose of taxation, the income of estates and trusts may be divided into the following classes : (1) Income received by estates of deceased persons during the period of administration or settlement ; (2) Income accumulated in trust for the benefit of unborn or unascertained persons, or persons with... | |
 | United States, Guaranty Trust Company of New York - 1918 - 148 pages
...the return of income derived from other sources. Estates and Trusts Estates in Process of Settlement Income received by estates of deceased persons during...settlement of the estate shall be subject to the normal tax and surtax. Accumulated Income Income from estates or any kind of property held in trust, including... | |
 | George Edwin Holmes - 1919 - 1052 pages
...Department dated March 4, 1916; ITS 1917, H 576; TD 2289; TD 2231 and TD 1943.) The 1916 Law provided that "income received by estates of deceased persons during...normal and additional tax and taxed to their estates, * *. " (§2 (b).) It has been indicated by the Treasury Department that under the 1916 Law the income... | |
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Income received by estates of deceased persons during the period of administration or settlement of the estate; and (4) Income which, in the discretion of the fiduciary, may be either distributed to the beneficiaries or accumulated. 
