| 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... | |
| United States. Tax Court - 1960 - 1484 pages
...39.23(1)-! Depreciation. • » • In the case of property held IB trust, the allowable deduction Is to be apportioned between the Income beneficiaries and...trustee In accordance with the pertinent provisions of tlie will, deed, or other Instrument creating tie trust, or, In the absence of such provisions, on... | |
| 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. Tax Court - 1963 - 1156 pages
...DEPRECIATION. (g) LIFE TENANTS AND BENEFICIARIES OF TRUSTS AND ESTATES. — • • • In the cas* rf property held In trust, the allowable deduction shall be apportioned between the Inn* beneficiaries and the trustee In accordance with the pertinent provisions of the Instrnme'' creating... | |
| United States. Internal Revenue Service - 1964 - 1462 pages
...if the life tenant were the absolute owner of the property and shall be allowed to the life tenant. g dq4 Td rl Y J eYG& %C}RmO x%Ǥs | k WkUO }G^ vL L M<- A Q q 䌜g 2hf 0 In the case of an estate, the allowable deduction shall be apportioned between the estate and the heirs,... | |
| United States. Tax Court - 1959 - 1470 pages
...If the life tenant were the absolute owner of tbe property and shall be allowed to the life tenant. In the case of property held In trust the allowable...on the basis of the trust Income allocable to each. HENRY CARTAN. At the time petitioners signed the agreement with Tide Water and Standard it was theoretically... | |
| 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.... | |
| 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. Tax Court - 1956 - 1226 pages
...life tpnnnt were the absolute owner of the property and shall be allowed to the life tenant. In ihe case of property held In trust the allowable deduction...on the basis of the trust Income allocable to each. For percentage depletion allowable under this subsection, see section 114(b), (3) and (4). SEC. 114.... | |
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