Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" INCOME. The net income of the estate or trust shall be computed in the same manner and on the same basis as in the case of an individual... "
Reports of the U.S. Board of Tax Appeals - Page 357
by United States. Board of Tax Appeals - 1939
Full view - About this book

Treasury and Post Office Departments Appropriations, 1954, Hearings Before ...

United States. Congress. Senate. Appropriations Committee - 1953 - 388 pages
...parenthetical phrase relating to the tax on self.employment income.] SUPPLEMENT E — ESTATES AND TBUSTS SEC. 162. NET INCOME. The net income of the estate or trust...basis as in the case of an individual, except that — (a) Subject to the provisions of subsection (g), there shall be allowed as a deduction (in lieu...
Full view - About this book

Tax Cases Decided with Opinions by the Supreme Court of the United States

Congress. Internal Revenue Taxation Joint Committee - 1953
...account in computing net income.2 For the reasons hereafter stated, our answer is in the negative. "'SBC. 162. NET INCOME. "The net income of the estate or...basis as in the case of an individual, except that — "(a) There shall be allowed as a deduction (in lieu of the deduction for charitable, etc., contributions...
Full view - About this book

Federal Income, Estate, and Gift Tax Laws, Correlated: Being a Correlation ...

United States, Walter Elbert Barton - 1953 - 708 pages
...(c) Cross referencc. — For return made by beneficiary, see section 142. Sec. 162. Net incomc. The net income of the estate or trust shall be computed...basis as in the case of an individual, except that — Sec. 162. (a) There shall be allowed as a deduction (in lieu of the deduction for charitable, etc.,...
Full view - About this book

Internal Revenue Bulletin

United States. Internal Revenue Service - 1954 - 1182 pages
...deductions allowed an estate or trust. Section 162 of the Code provides, in part, as follows : The net income of the estate or trust shall be computed...basis as in the case of an individual, except that — (b) There shall be allowed as an additional deduction in computing the net Income of the estate...
Full view - About this book

Treasury and Post Office Departments Appropriations, 1954 ..., Volumes 71-954

United States. Congress. Senate. Committee on Appropriations - 1953 - 860 pages
...FUNDS. ******* (d) Computation of Common Trust Fund Income. — The net income of the common trust, fund shall be computed in the same manner and on the same basis as in tlie case of an individual, except that — • **••*• (3) The so-called "charitable contribution"...
Full view - About this book

Welfare and Pension Plans Investigation ...: Hearings ... on S. Res. 40 ...

United States. Congress. Senate. Committee on Labor and Public Welfare - 1955 - 1704 pages
...such share. (d) COMPUTATION OF COMMON TRUST FUND INCOME. — The net income of the Common Trust Fund shall be computed in the same manner and on the same...basis as in the case of an individual except that — (1) There shall be segregated the gains and losses from sales or exchanges of capital assets ;...
Full view - About this book

Welfare and Pension Plans Investigation: Hearings Before a ..., Part 3

United States. Congress. Senate. Committee on Labor and Public Welfare - 1956 - 822 pages
...such share. (<Z) COMPUTATION OF COMMON TKUST FUND INCOME. — The net income of the Common Trust Fund shall be computed in the same manner and on the same...basis as In the case of an individual except that — (1) There shall be segregated the gains and losses from sales or exchanges of capital assets ;...
Full view - About this book

Welfare and Pension Plans Investigation: Hearings Before the ..., Parts 1-3

United States. Congress. Senate. Committee on Labor and Public Welfare. Subcommittee on Welfare and Pension Funds - 1955 - 1672 pages
...(il) COMPUTATION OF COMMON TRUST FUND INCOME.- — The net income of the Common Trust Fund shall lie computed in the same manner and on the same basis as in the case of an individual except that — (1) There shall be segregated the gains and losses from sales or exchanges of capital assets ;...
Full view - About this book

Reports of the Tax Court of the United States, Volume 28

United States. Tax Court - 1958 - 1382 pages
...tbe decedent's estate of such right. •SEC. 162. NET INCOME. The net Income of the estate or (rust shall be computed in the same manner and on the same basis as In tbe case of an Individual, except that — • •••••• (b) There shall be allowed as an...
Full view - About this book

The Code of Federal Regulations of the United States of America

1960 - 510 pages
...both contracting countries, the term "tax attributable" to property has the same meaning and is to be computed in the same manner and on the same basis as in paragraph (b) of this section, subject to the following adjustment. Where credit is allowed by a contracting...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF