 | United States. Court of Claims - Law reports, digests, etc - 1928 - 766 pages
...exception not material here. In cases arising under paragraph (4) the fiduciary does not pay the tax, " 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 trust for the taxable... | |
 | United States. Court of Claims - Law reports, digests, etc - 1948 - 886 pages
...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... | |
 | United States. Court of Claims - Law reports, digests, etc - 1937 - 786 pages
...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 - Law reports, digests, etc - 1928 - 760 pages
...had the disposition of the net income, and it is taxable under section 219 (d) which provides that " 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 trust." It is the judgment... | |
 | Law reports, digests, etc - 1921 - 1056 pages
...intervals." The same section provides that in cases coming under paragraph (4) of subdivision (a) : "The tax shall not be paid by the fiduciary, but there...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... | |
 | Law reports, digests, etc - 1926 - 1144 pages
...cases under this subdivision there shall be included, as provided in subdivision (d) of this section, in computing the net income of each beneficiary, that part of the income of the estate or trust which, pursuant to the instrument or order governing the distribution, is distributable during... | |
 | Law reports, digests, etc - 1925 - 1112 pages
...deducted the amount of any income properly paid or credited to any legatee, heir, or (d) provides that: "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... | |
 | Robert Hiester Montgomery - Excess profits tax - 1920 - 1304 pages
...by subdivision (c) to be deducted from the net income upon which tax is to be paid by the fiduciary, the tax shall not be paid by the fiduciary, but there...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... | |
 | Harris, Forbes & co., New York - Income tax - 1919 - 164 pages
...by subdivision (c) to be deducted from the net income upon which tax is to be paid by the fiduciary, the tax shall not be paid by the fiduciary, but there...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... | |
 | Prentice-Hall Inc, Prentice-Hall, inc - Reference - 1919 - 640 pages
..."is to be distributed to the beneficiaries periodically, whether or not at regular intervals * * * the tax shall not be paid by the fiduciary, but there...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... | |
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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... 
