 | Harrison B. Spaulding - 1927 - 336 pages
...taxable year the shareholders of the corporation include in their returns of gross income their entire distributive share, whether distributed or not, of the net income of the corporation for such year. In such case, the distributive shares will be taxed to the shareholders... | |
 | United States. Congress. House. Committee on Ways and Means - 1927 - 1032 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." The rest of it merely elaborates on it. Now, that is fine so far as dividends... | |
 | United States. Congress. House. Committee on Ways and Means - 1927 - 1034 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." The rest of it merely elaborates on it. Now, that is fine so far as dividends... | |
 | Virginia - 1928 - 328 pages
...paragraphs d and e of sub-division one of this section, the tax shall not be paid by the fiduciary, but 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, or, if his net income for such taxable year is computed upon... | |
 | United States - 1928 - 268 pages
...capacity. * * * SEC. 218. (a) * * * 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... | |
 | United States - 1928 - 1164 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... | |
 | United States. Board of Tax Appeals - 1928 - 1582 pages
...income upon which tax is to be paid by the fiduciary, the tnx shall not be paid by the fiduciary, Inn 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... | |
 | United States. Internal Revenue Service - 1929 - 478 pages
...she was entitled to the deduction for depreciation. It seems to be conceded that attention need only be given the revenue act of 1918, so far as the material...the net income of each beneficiary his distributive shares, whether distributed or not, of the net income" of the trust for the taxable year. The trust... | |
 | Robert Hiester Montgomery - 1920 - 1320 pages
...taxed: section 218 (a) ". . . . 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 is imperative that unlawful accumulations be taxed as if the... | |
 | Robert Hiester Montgomery - 1923 - 1760 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... | |
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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... 
