 | United States. Congress. Senate. Committee on Interior and Insular Affairs - 1951 - 190 pages
...In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be allowable to the life tenant. "(i) CROSS REFERENCE. For special rule with respect to gain derived from... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1954 - 958 pages
...In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be allowable to the life tenant. "'(g) CROSS REFERENCE. — For special rule with res]>ect to gain derived... | |
 | United States. Internal Revenue Service - 1956 - 1348 pages
...Revenue Code of 1954 with respect to the allowance of the deduction for depletion provides as follows: PROPERTY HELD IN TRUST. — In the case of property...between the income beneficiaries and the trustee in accordance with the pertinent provision* of the instrument creating the trust, or, in the absence of... | |
 | United States. Tax Court - 1956 - 1232 pages
...by one person for life with remainder to another person, the deduction shall be computed as If tlie life tenant were the absolute owner of the property and shall be allowed to the life tenant. In the case of property held In trust the allowable deduction shall be apportioned between the income... | |
 | United States. Congress. Senate. Committee on the Judiciary - 1957 - 1328 pages
...In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be allowable to the life tenant. (i) CBOSS REFERENCE.— For special rule with respect to gain derived... | |
 | United States. Congress. Senate. Banking and Currency Committee - 1959 - 724 pages
...person for life with remander to another person, the amortization deduction provided in subsection (a) shall be computed as if the life tenant were the absolute...the property and shall be allowed to the life tenant "(h) CROSS REFERENCE. — "For special role with respect to gain derived from the sale or exchange... | |
 | 1961 - 566 pages
...one person for life with remainder to another person, the deduction for depletion under section 611 shall be computed as if the life tenant were the absolute owner of the property so that he will be entitled to the deduction during his life, and thereafter the deduction, if any,... | |
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Life tenant and remainderman. In the case of property held by one person for life with remainder to another person, the deduction under this section shall be computed as if the life tenant were the absolute owner of the property and shall be allowed to... 
