 | George Edwin Holmes - Excess profits tax - 1919 - 1052 pages
...Department dated March 4, 1916; ITS 1917, H 576; TD 2289; TD 2231 and TD 1943.) The 1916 Law provided that "income received by estates of deceased persons during...normal and additional tax and taxed to their estates, * *. " (§2 (b).) It has been indicated by the Treasury Department that under the 1916 Law the income... | |
 | George Edwin Holmes - Excess profits tax - 1919 - 1048 pages
...shall be imposed upon the net income of the estate or trust and shall be paid by the fiduciary upon (a) income received by estates of deceased persons during...period of administration or settlement of the estate and not paid or credited to any legatee, heir or other beneficiary during that period, (b) income accumulated... | |
 | National City Company, United States - Internal revenue law - 1919 - 104 pages
...shall apply to the income of estates or of any kind of property held in trust, including — 94. (1) Income received by estates of deceased persons during...period of administration or settlement of the estate; 95. (2) Income accumulated in trust for the benefit of unborn or unascertained persons or persons with... | |
 | New York (N.Y.). Tax Commission - Taxation - 1919 - 106 pages
...article shall apply to the income of estates or of any kind of property held in trust, including : a. Income received by estates of .deceased persons during...period of administration or settlement of the estate ; b. Income accumulated in trust for the benefit of unborn or unascertained persons or persons with... | |
 | Alabama - Law - 1919 - 1476 pages
...this act shall apply to the income of estates or of any kind of property held in trust, including: (a) Income received by estates of deceased persons during...period of administration, or settlement of the estate, (b) Income accumulated in trust for the benefit of unborn or unascertained persons with contingent... | |
 | Henry Montefiore Powell - Corporations - 1919 - 708 pages
...upon which is imposed upon the estate or trust and the tax paid by the fiduciary, consisting of (a) Income received by estates of deceased persons during the period of administration or settlement except as provided in "f " below ; (b) Income accumulated in trust for the benefit of unborn or unascertained... | |
 | New York (State) - Administrative courts - 1919 - 520 pages
...purpose of taxation, the income of estates and trusts may be divided into the following classes : (1) Income received by estates of deceased persons during the period of administration or settlement ; (2) Income accumulated in trust for the benefit of unborn or unascertained persons, or persons with... | |
 | Guaranty Trust Company of New York - Canada - 1919 - 664 pages
...the tax upon which is imposed upon the estate or trust and paid by the fiduciary, consisting of: (a) Income received by estates of deceased persons during the period of administration or settlement, except as provided in "f" below; (b) Income accumulated in trust for the benefit of unborn or unascertained... | |
 | Harris, Forbes & co., New York - Income tax - 1919 - 164 pages
...is made by the beneficiary. 57. Certain instances in which the tax is paid by the fiduciary are (1) Income received by estates of deceased persons during the period of administration or settlement ; (2) Income accumulated in trust for the benefit of unborn or unascertained persons; (3) Income held... | |
 | United States - Law - 1920 - 1054 pages
...211 shall apply to the income of estates or of any kind of property held in trust, including — (1) Income received by estates of deceased persons during...period of administration or settlement of the estate; (2) Income accumulated in trust for the benefit of unborn or unascertained persons or persons with... | |
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Income received by estates of deceased persons during the period of administration or settlement of the estate; and (4) Income which, in the discretion of the fiduciary, may be either distributed to the beneficiaries or accumulated. 
