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In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be allowed to the life tenant.

Surface Transportation Legislation: Hearings, Ninety-second Congress, First ... - Page 56
by United States. Congress. Senate. Committee on Commerce. Subcommittee on Surface Transportation - 1972 - 1390 pages
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Rapid Amortization in Regulated Industries: Hearings Before the ..., Parts 1-2

United States. Congress. Senate. Committee on the Judiciary - Amortization deductions - 1957 - 1324 pages

...under section 107 or this paragraph), (h) LIFE TKNANT AND REMAINDERMAN.— In the case of property held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the property and shall be allowable...

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Credit Needs of Small Business: Hearings Before a Subcommittee of ..., Parts 1-2

United States. Congress. Senate. Committee on Banking and Currency, United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Small Business - Government lending - 1957 - 742 pages

...equal to the amount of such excess. "(g) LIFE TENANT AND REMAINDERMAN. — In the case of property held by one person for life with remainder to another person, the amortization deduction provided in subsection (a) shall be computed as if the life tenant were the...

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Code of Federal Regulations: Containing a Codification of Documents of ...

Administrative law - 1961 - 566 pages

...applicable, and the regulations thereunder. (3) Life tenant and remainderman. In the case of property held by one person for life with remainder to another person, the deduction for depletion under section 611 shall be computed as if the life tenant were the absolute owner of...

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Internal Revenue Code of 1954, as Amended and in Force on January 3, 1961

United States, United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1961 - 1208 pages

...amount equal to the amount of such excess. (g) LIFE TENANT AND REMAINDERMAN. — In the case of property ER CROSS REFERENCES. — (1) For exemption of gifts to or for ben amortization deduction provided in subsection (a) shall be computed as if the life tenant were the...

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Laws Relating to Shipping and Merchant Marine, Volume 2

United States - Maritime law - 1968 - 894 pages

...Secretary may by regulations prescribe, "(d) LIFE TENANT AND REMAINDERMAN. — In the case of property held by one person for life with remainder to another...the deduction under this section shall be computed as if the life tenant were the absolute owner of the property and shall be allowed to the life tenant."....

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Internal Revenue Cumulative Bulletin, Issue 3, Volume 1

United States. Internal Revenue Service - Internal revenue - 1978 - 668 pages

...SPECIAL RULES FOR CERTAIN INTERESTS. — "(1) LIFE TENANT AND REMAINDERMAN. — In the case of property held by one person for life with remainder to another...the deduction under this section shall be computed as if the life tenant were the absolute owner of the property and shall be allowable to the life tenant....

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Internal Revenue Cumulative Bulletin

United States. Internal Revenue Service - Tax administration and procedure - 1971 - 816 pages

...property within the meaning of section 48 (a). (i) Life tenant and remainderman. In the case of property held by one person for life with remainder to another...the deduction under this section shall be computed as if the life tenant were the absolute owner of the property and shall be allowable to the life tenant....

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Internal Revenue Cumulative Bulletin, Issue 1

United States. Internal Revenue Service - Internal revenue - 1976 - 612 pages

...which is not the amortizable basis. "(f) LIFE TENANT AND REMAINDERMAN. — In the case of property held by one person for life with remainder to another...the deduction under this section shall be computed as if the life tenant were the absolute owner of the property and shall be allowable to the life tenant,...

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Rural and Urban Problems of Small Businessmen: Hearings, Ninety-first ...

United States. Congress. House. Select Committee on Small Business. Subcommittee on Small Business Problems in Smaller Towns and Urban Areas - Small business - 1970 - 574 pages

...the amount of such excess. "(g) LIFE TENANT AND REMAINDERMAN. — In the case of certified facilities held by one person for life with remainder to another person, the deduction shall be computed as if the life tenant were the absolute owner of the facilities and shall be allowable...

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A Compilation of Federal Laws Relating to Conservation and Development of ...

United States, United States. Congress. House. Committee on Merchant Marine and Fisheries - Environmental law - 1972 - 688 pages

...property within the meaning of section 48 (a) . (i) Life tenant and remainderman. In the case of property held by one person for life with remainder to another...the deduction under this section shall be computed as if the life tenant were the absolute owner of the property and shall be allowable to the life tenant....

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