 | United States. Congress. House. Committee on Ways and Means - 1923 - 256 pages
...net income upon which tax is to be Eaid by the fiduciary, the tax shall not e paid by the 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... | |
 | 1927 - 1150 pages
...here claimed. The difficulty is with the language of the statute, which says in so many words that "there shall be included in computing the net income of each beneficiary his distributive share • • • of the net income of the estate or trust for the taxable year." The plaintiffs argue that... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...only in their individual capacity. There shall be included in computing the net income of each partner his distributive share, whether distributed or not, of the net income of the partnership for the taxable year, or, if his net income for such taxable year is computed upon the... | |
 | Eric Louis Kohler - 1924 - 514 pages
...net income upon which tax is to be paid by the fiduciary, the tax shall not be paid by the 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... | |
 | 1925 - 1112 pages
...properly paid or credited to any legatee, heir, or other beneficiary. Subdivision (d) provides that: "There shall be included in computing the net income...whether distributed or not, of the net income of the estate or trust for the taxable year." A regulation of the Treasury Department has construed and interpreted... | |
 | 1925 - 1106 pages
...here claimed. The difficulty is with the language of the statute, which says in so many words that "there shall be included in computing the net income of each beneficiary his distributive share • • * of the net income of the estate or trust for the taxable year." The plaintiffs argue that... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...net income upon which tax is to be paid by the fiduciary, the tax shall not be paid by the 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... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 pages
...only in their individual capacity. There shall be included in computing the net income of each partner his distributive share, whether distributed or not, of the net income of the partnership for the taxable year, or, if his net income for such taxable year is computed upon the... | |
 | John F. Sherwood - 1925 - 206 pages
...only in their individual capacity. There shall be included in computing the net income of each partner his distributive share, whether distributed or not, of the net income of the partnership for the taxable year, or, if his net income for such taxable year is computed upon the... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 pages
...properly paid or credited to any legatee, heir, or other beneficiary. Subdivision (d) provides that: "There shall be included in computing the net income...whether distributed or not, of the net income of the estate or trust for the taxable year." A regulation of the Treasury Department has construed and interpreted... | |
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... there shall be included in computing the net income of each beneficiary his distributive share, whether distributed or not, of the net income of the estate or trust for the taxable year... 
