 | United States. Internal Revenue Service - 1924 - 396 pages
...ESTATES AND TRUSTS . SEC. 219. (a) The tax imposed by Parts I and II of this title shall apply to the income of estates or of any kind of property held...either distributed to the beneficiaries or accumulated. (b) Except as otherwise provided in subdivisions (g) and (h), the tax shall be computed upon the net... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...ESTATES AND TRUSTS SEC. 219. (a) The tax miposed by Parts I and II of this title shall apply to the income of estates or of any kind of property held...either distributed to the beneficiaries or accumulated. (b) Except as otherwise provided in subdivisions (g) and (h), the tax shall be computed upon the net... | |
 | John F. Sherwood - 1925 - 206 pages
...provided in paragraph (10) of subdivision (a) of section 214 shall not be allowed. Estates and Trusts. (1) Income accumulated in trust for the benefit of...either distributed to the beneficiaries or accumulated. (b) Except as otherwise provided in subdivisions (g) and (h), the tax shall be computed upon the net... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...Revenue Act of 1924. SEC. 219. (a) The tax imposed by Parts I and II of this title shall apply to the income of estates or of any kind of property held...either distributed to the beneficiaries or accumulated. (b) Except as otherwise provided in subdivisions (g) and (h), the tax shall be computed upon the net... | |
 | Eric Louis Kohler - 1927 - 618 pages
...ESTATES AND TRUSTS Sec. 219. (a) The tax imposed by Parts I and II of this title shall apply to the income of estates or of any kind of property held...either distributed to the beneficiaries or accumulated. (b) Except as otherwise provided in subdivisions (g) and (h), the tax shall be computed upon the net... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...TAX. (a) Application of tax. The taxes imposed by this title upon individuals shall apply to the income of estates or of any kind of property held...either distributed to the beneficiaries or accumulated. (b) Computation and payment. The tax shall be computed upon the net income of the estate or trust,... | |
 | United States - 1928 - 268 pages
...ESTATES AND TRUSTS SEC. 219. (a) The tax imposed by Parts I and II of this title shall apply to the income of estates or of any kind of property held...either distributed to the beneficiaries or accumulated. (b) Computation and payment. The tax shall be computed upon the net income of the estate or trust,... | |
 | United States - 1928 - 1164 pages
...persons with contingent interests, and Income accumulated or held for future distribution under the terms the will or trust; "(2) Income which is to be distributed...either distributed to the beneficiaries or accumulated. "(b) Except as otherwise provided In Ch. subdivisions (e) and (h), the tax shall be computed upon the... | |
 | United States. Internal Revenue Service - 1931 - 502 pages
...TAX. (a) Application of tax. The taxes imposed by this title upon individuals shall apply to the income of estates or of any kind of property held...either distributed to the beneficiaries or accumulated. (b) Computation and payment. The tax shall be computed upon the net income of the estate or trust,... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...TAX. (a) Application of tax.The taxes imposed by this title upon individuals shall apply to the income of estates or of any kind of property held...either distributed to the beneficiaries or accumulated. (b) Computation and payment.The tax shall be computed upon the net income of the estate or trust,... | |
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... (3) 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. 
