 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1944 - 336 pages
...in the disposition of such part of the corpus or the income therefrom, then the income of such part of the trust shall be included in computing the net income of the grantor. ' [See also section 171 (a).] SEC. 167. INCOME FOR BENEFIT OF GRANTOR. (a) Where any part of the income... | |
 | Philippines - 1945 - 1064 pages
...may be, applied to the payment of premiums upon policies of insurance on the life of the grantor ; such part of the income of the trust shall be included in computing the net income of the grantor. (6) As used in this section, the term "in the discretion of the grantor" means in the discretion of... | |
 | United States. Tax Court - 1945 - 1374 pages
...specified In section 23 (o), relating to the so-called "charitable contribution" deduction) ; then ouch part of the income of the trust shall be Included in computing the net Income of the grantor. Since this trust was created with funds which petitioner furnished for that purpose, we must conclude... | |
 | United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 pages
...the corpus or the income therefrom, OF THE INTERNAL REVENUE CODE § 169 then the income of such part of the trust shall be included in computing the net income of the grantor. [For income of a trust in case of divorce, etc., see section 171.] SEC. 167. INCOME FOR BENEFIT OF... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 428 pages
...in the disposition of such part of the corpus or the income therefrom, then the income of such part of the trust shall be included in computing the net income of the grantor. . [For income of a trust in case of divorce, etc., see section 171.] SEC. 167. INCOME FOR BENEFIT OF... | |
 | United States. Tax Court - 1947 - 1642 pages
...manner specified in section 23 (o), relating to the so-called "charitable contribution" deduction) ; then such part of the Income of the trust shall be...either alone or In conjunction with any person not baving a substantial adverse interest in the disposition of the part of the Income in question." It... | |
 | United States. Congress. Senate. Committee on the District of Columbia - 1947 - 1162 pages
...contribution deduction). I'EFINITION OF "IN DISCRETION OK GRANTOR." — As used in this section, kfterm "in the discretion of the grantor" means in the discretion of the grantor, Über alone or in conjunction with any person not having a substantial adverse itwst in the disposition... | |
 | United States. Congress. Senate. Committee on the District of Columbia - 1947 - 1798 pages
...or the Income therefrom : or SEC. 8. INCOME FOB BENEFIT OF GRANTOR. — So much of the income of any trust shall be included in computing the net income of the grantor as — (a) is, or in the discretion of the grantor or of any person not having a substantial adverse... | |
 | United States. Congress. Senate. Committee on the District of Columbia - 1947 - 1136 pages
...estate or trust ending within or with his taxable year. Sne. 7. REVOCMHE Tnrsrs. — The income of a trust shall be Included in computing the net income of the grantor of such trust where at any time the power to revest in the grantor title to any part of the corpus... | |
 | United States. Congress. Senate. Committee on the District of Columbia - 1947 - 1798 pages
...the power to revest in the grantor title to any part of the corpus of the trust is vested— (a) In the grantor, either alone or in conjunction with any person not having a substantial adverse interest in the disposition of such part of the corpus or the income therefrom : or SF.C. 8. INCOME... | |
| |
... charitable contribution" deduction ; then such part of the income of the trust shall be included in computing the net income of the grantor. 
