 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1954 - 918 pages
...(b) provides : There shall be allowed as an additional deduction in 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... | |
 | United States. Court of Claims - Law reports, digests, etc - 1948 - 886 pages
...for profit : (b) There shall be allowed as an additional deduction in 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 beneficiaries, and the amount of the income collected... | |
 | United States. Court of Claims - Law reports, digests, etc - 1937 - 786 pages
...individual, except that there shall be allowed as an additional deduction, in computing the net income of the trust, the amount of the income of the estate or trust for its taxable year which is to l>e distributed currently to the beneficiary. The gain of $44.470.9-4 involved in this case was... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1949 - 832 pages
...the fiduciary to the beneficiaries" under Internal Revenue Code, § 162 (b), nor "income of the * * * trust for its taxable year which is properly paid or credited during such Opinion of the Court year to any * * * beneficiary" under Internal Revenue Code, § 162 (c) , and hence... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1951 - 916 pages
...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 or order governing the distribution, is distributable to such beneficiary,... | |
 | United States - Law - 1921 - 642 pages
...but there shall be included in com- wcom TAX. puting 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 or order governing the distribution, is distributable to such beneficiary,... | |
 | Emerson Emanuel Rossmoore - Income tax - 1922 - 592 pages
...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 or order governing the distribution, is distributable to such beneficiary,... | |
 | United States - Law - 1922 - 756 pages
...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 or order governing the distribution, is distributable to such beneficiary,... | |
 | United States. Congress. House. Committee on Ways and Means - Finance - 1923 - 256 pages
...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 or order governing the distribution, is distributable to such beneficiary,... | |
 | Irving Bank. Columbia Trust Company - Income tax - 1923 - 148 pages
...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 or order governing the distribution, is distributable to such beneficiary,... | |
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There shall be allowed as an additional deduction in 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... 
