 ... there shall be allowed as an additional deduction in computing the net income of the estate or trust the amount of the income of the estate or trust for its taxable year, which is properly paid or credited during such year to any legatee, heir, or...  Reports of the U.S. Board of Tax Appeals - Page 709by United States. Board of Tax Appeals - 1934Full view - About this book
 | United States. Congress. House. Committee on Ways and Means - 1923 - 256 pages
...fiduciary, but there shall be included in computing the net income of each beneficiary that part of the income of the estate or trust for its taxable year which, pursuant to the instrument or order governing the distribution, is distributable to such beneficiary,... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...income accumulated or held for future distribution under the terms of the will or trust ; (2) Income which is to be distributed currently by the fiduciary to the beneficiaries, and income collected by a guardian of an infant which is to be held or distributed as the court may direct... | |
 | Eric Louis Kohler - 1924 - 514 pages
...fiduciary, but there shall be included in computing the net income of each beneficiary that part of the income of the estate or trust for its taxable year which, pursuant to the instrument or order governing the distribution, is distributable to such beneficiary,... | |
 | John F. Sherwood - 1925 - 206 pages
...beneficiary or accumulated, there shall be allowed as an additional deduction in computing the net income of the estate or trust the amount of the income of the estate or trust for its taxable year which is properly paid or credited during such year to any legatee, heir, or beneficiary, but the amount so... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...beneficiary or accumulated, there shall be allowed as an additional deduction in computing the net income of the estate or trust the amount of the income of the estate or trust for its taxable year which is properly paid or credited during such year to any legatee, heir, or beneficiary, but the amount so... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...operated for profit; (2) There shall be allowed as an additional deduction in computing the net income of the estate or trust the amount of the income of the estate or trust for SEC. 219. (b) The fiduciary shall be responsible for making the return of income for the estate or... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...beneficiary or accumulated, there shall be allowed as an additional deduction in computing the net income of the estate or trust the amount of the income of the estate or trust for its taxable year which is properly paid or credited during such year to any legatee, heir, or beneficiary, but the amount so... | |
 | 1926 - 1132 pages
...fiduciary, but there shall be included in computing the net income of euch beneficiary that part of the income of the estate or trust for its taxable year which, pursuant to the instrument or order governing the distribution, is distributable to such beneficiary,... | |
 | Eric Louis Kohler - 1927 - 618 pages
...beneficiary or accumulated, there shall be allowed as an additional deduction in computing the net income of the estate or trust the amount of the income of the estate or trust for its taxable year which is properly paid or credited during such year to any legatee, heir, or beneficiary, but the amount so... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...beneficiary or accumulated, there shall be allowed as an additional deduction in computing the net income of the estate or trust the amount of the income of the estate or trust for its taxable year which is properly paid or credited during such year to any legatee, heir, or beneficiary, but the amount so... | |
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