In the case of property held in trust, the allowable deduction shall be apportioned between the income beneficiaries and the trustee in accordance with the pertinent provisions of the instrument creating the trust, or, in the absence of such provisions,... Reports of the Tax Court of the United States - Page 350by United States. Tax Court - 1943Full view - About this book
| United States. Congress. House. Committee on Ways and Means - 1959 - 1064 pages
...and 169 shall be allowed to estates and trusts in the same manner as in the case of an individual. The allowable deduction shall be apportioned between the income beneficiaries and the fiduciary under regulations prescribed by the Secretary or his delegate. (g) DISALLOWANCE OF DOUBLE... | |
| 1961 - 566 pages
...and 169 shall be allowed to estates and trusts in the same manner as in the case of an individual. The allowable deduction shall be apportioned between the income beneficiaries and the fiduciary under regulations prescribed by the Secretary or his delegate. § 1.642 (f )- 1 Amortization... | |
| United States. Internal Revenue Service - 1964 - 1462 pages
...person, the deduction shall be computed as if the life tenant were the absolute owner of the property and /& k .v / !m!? & ]% + / ^ t ؑ D }Z E ~у= P l _...b ( L` ;9 k d g 0V !c /: E C! s O a. ql 1>XX H In the case of an estate, the allowable deduction shall be apportioned between the estate and the heirs,... | |
| United States. Internal Revenue Service - 1974 - 624 pages
...held by an estate, contains a corresponding provision. Section 167 (h) of the Code also provides that in the case of property held in trust, the allowable...on the basis of the trust income allocable to each. Section 611(Ы (3), relating to depletion of property held in trust, contains a corresponding provision.... | |
| United States. Internal Revenue Service - 1974
...held by an estate, contains a corresponding provision. Section 167 (h) of the Code also provides that in the case of property held in trust, the allowable...on the basis of the trust income allocable to each. Section 611 (b) (3), relating to depletion of property held in trust, contains a corresponding provision.... | |
| 1969 - 752 pages
...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. in the case of...between the income beneficiaries and the trustee in accordanoe with the pertinent provisions of the instrument creating the trust, or, in the absence of... | |
| United States. Internal Revenue Service - 1976 - 612 pages
...sentence shall be allowed to estates and trusts in the same manner as in the case of an individual. The allowable deduction shall be apportioned between the income beneficiaries and the fiduciary in accordance with regulations prescribed under section 642 (f). (5) AMENDMENT OF SECTION... | |
| United States. Internal Revenue Service - 1971 - 816 pages
...and 187 shall be allowed to estates and trusts in the same manner as in the case of an individual. The allowable deduction shall be apportioned between the income beneficiaries and the fiduciary under regulations prescribed by the Secretary or his delegate. [Sec. 642 (f) as amended by... | |
| United States. Tax Court - 1971 - 1470 pages
...sec. 167(h), which states that "In the case of property held in trust, the allowable deduction shaU be apportioned between the Income beneficiaries and...the basis of the trust income allocable to each." None of these special provisions applies to partnership losses of a trust. problems presented in this... | |
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