 | United States. Bureau of Internal Revenue - 1921 - 772 pages
...for future distribution under the terms of the will or trust." That section also provides that " the net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212." Section 212, which defines the net income of an individual,... | |
 | Rex Frye - 1921 - 350 pages
...making the Fiduciary's rereturn 01 income tor the estate or trust tor which he re tum«. acts. The net income of the estate or trust shall be computed in the same manner and on the same basis as pro- computation vided in section 212, except that there shall also be allowed as a deduction... | |
 | United States - 1921 - 642 pages
...responsible for making the return of N<* income com- income for the estate or trust for which he acts. The net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212, except that (hi lieu of the deduction authorized by paragraph... | |
 | New York (State) - 1921 - 324 pages
...such income be taxable to the estate or trust or to the beneficiaries thereof. The net income of an estate or trust shall be computed in the same manner and on the same basis as provided in this article for individual taxpayers, except that there shall also be allowed... | |
 | Emerson Emanuel Rossmoore - 1922 - 592 pages
...be responsible for making the re- 172 turn of income for the estate or trust for which he acts. The net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212, except that (in lieu of the deduction authorized by paragraph... | |
 | National Tax Association - 1922 - 604 pages
...distributed, before the close of the taxable year for which the return is made. (3) The net income of an estate or trust shall be computed in the same manner and on the same basis as provided in this title for individual taxpayers, except that there shall also be allowed... | |
 | Irving Bank. Columbia Trust Company - 1923 - 148 pages
...shall be responsible for making the return of income for the estate or trust for which he acts. The net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212, except that (in lieu of the deduction authorized by paragraph... | |
 | United States. Congress. House. Committee on Ways and Means - 1923 - 256 pages
...shall be responsible for making the return of income for the estate or trust for which he acts. The net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212, except that (in lieu of the deduction authorized by paragraph... | |
 | United States. Internal Revenue Service - 1924 - 396 pages
...shall be computed upon the net income of the estate or trust, and shall be paid by the fiduciary. The net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212, except that— (1) There shall be allowed as a deduction (in... | |
 | Eric Louis Kohler - 1924 - 514 pages
...shall be responsible for making the return of income for the estate or trust for which he acts. The net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212, except that (in lieu of the deduction authorized by paragraph... | |
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The net income of the estate or trust shall be computed in the same manner and on the same basis as in the case of an individual... 
