Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" Income which is to be distributed currently by the fiduciary to the beneficiaries, and income collected by a guardian of an infant which is to be held or distributed as the court may direct... "
Reports of the Tax Court of the United States - Page 17
by United States. Tax Court - 1947
Full view - About this book

Cases Decided in the United States Court of Claims ... with ..., Volume 113

United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1949 - 832 pages
...improperly increased in the amount of $1,059.54. This amount was neither "income of the * * * trust for its taxable year which is to be distributed currently by the fiduciary to the beneficiaries" under Internal Revenue Code, § 162 (b), nor "income of the * * * trust for its taxable year which...
Full view - About this book

Cases Decided in the United States Court of Claims ... with ..., Volume 128

United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1954 - 918 pages
...computing the net Income of the estate or trust the amount of the Income of the estate or trust for Its taxable year which is to be distributed currently by the fiduciary to the legatees, heirs, or beneficiaries, but the amount so allowed as a deduction shall be included in computing...
Full view - About this book

Cases Decided in the Court of Claims of the United States, Volume 102

United States. Court of Claims - Law reports, digests, etc - 1945 - 952 pages
...Opinion of the Court Mrs. Tree and Marshall Field III, gave their payments the character of "income which is to be distributed currently by the fiduciary to the beneficiaries," and hence not taxable to the trustees under section 162 (b) of the Revenue Act of 1928 (45 Stat. 791, 838.)...
Full view - About this book

Cases Decided in the Court of Claims of the United States, Volume 83

United States. Court of Claims - Law reports, digests, etc - 1937 - 786 pages
...provides that in computing net income the trustee may claim as a deduction the amount of income for the taxable year which is to be distributed currently by the fiduciary to the beneficiary. No direction can be found in the trust instrument requiring the trustee to pay to the...
Full view - About this book

Regulations 65 Relating to the Income Tax Under the Revenue Act of 1924

United States. Internal Revenue Service - Income tax - 1924 - 396 pages
...income accumulated or held for future distribution under the terms of the will or trust ; (2) Income which is to be distributed currently by the fiduciary to the beneficiaries, and income collected by a guardian of an infant which is to be held or distributed as the court may direct...
Full view - About this book

Income Tax Accounting

John F. Sherwood - Income tax - 1925 - 206 pages
...income accumulated or held for future distribution under the terms of the will or trust; (2) Income which is to be distributed currently by the fiduciary to the beneficiaries, and income collected by a guardian of an infant which is to be held or distributed as the court may direct;...
Full view - About this book

Federal Income and Estate Tax Laws: Correlated and Annotated, Being a ...

Walter Elbert Barton, United States, Carroll Wright Browning - Income tax - 1925 - 580 pages
...income accumulated or held for future distribution under the terms of the will or trust ; (2) Income which is to be distributed currently by the fiduciary to the beneficiaries, and income collected by a guardian of an infant which is to be held or distributed as the court may direct...
Full view - About this book

Questions and Answers on Federal Tax Laws: Based on Revenue Act of 1924 and ...

Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...income accumulated or held for future distribution under the terms of the will or trust; (2) Income which is to be distributed currently by the fiduciary to the beneficiaries, and income collected by a guardian of an infant which is to be held or distributed as the court may direct;...
Full view - About this book

The Federal Reporter

Law reports, digests, etc - 1926 - 1132 pages
...taxable year which is properly paid or credited during such year to any legatee, heir, or beneficiary, but the amount so allowed as a deduction shall be included in computing the net income of the legatee, heir, or beneficiary." I therefore hold that the income here in question is,...
Full view - About this book

Cases on Federal Taxation, Volume 1

Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...income accumulated or held for future distribution under the terms of the will or trust; (2) Income which is to be distributed currently by the fiduciary to the beneficiaries, and income collected by a guardian of an infant which is to be held or distributed as the court may direct;...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF