 | United States. Internal Revenue Service - 1926 - 620 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... | |
 | Virginia. General Assembly. Senate - 1926 - 1386 pages
...income received by individuals. 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... | |
 | 1926 - 1116 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. * • • » It need not be disputed that the plaintiff is correct... | |
 | 1926 - 1040 pages
...proportion to the payments in cash. The Tax Law, as then existent, provides that a person shall be taxed on his distributive share, whether distributed or not of the net income of the partnership for the taxable year. Section 364, Tax Law (as added by Laws 1919, c. 627). That, however,... | |
 | United States. Board of Tax Appeals - 1926 - 1508 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... | |
 | National Tax Association - 1926 - 622 pages
...of the corporation include (at the time of filing their returns) in their gross income their entire distributive share, whether distributed or not, of the net income of the corporation for such year. Any amount so included in the gross income of a shareholder shall be treated... | |
 | Charles Alison Scully - 1927 - 112 pages
...paragraphs d and e of subdivision one of this section, the tax shall not be paid by the fiduciary, but 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, or, if... | |
 | Eric Louis Kohler - 1927 - 618 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... | |
 | Wisconsin - 1927 - 1052 pages
...in their individual capacity. There shall be included in computing the * * * income of each partner his distributive share, whether distributed or not, of the net income of the partnership for the * * * income year, or if his * * * net income for such * * * income year is computed... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...PARTNERS. (a) General rule. — 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, pr, if his net income for such taxable year is computed upon the... | |
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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... 
