 | Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...shall be computed upon the net income of the estate or trust, and shall be paid by the fiduciary. The net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212, except that — (1) There shall be allowed as a deduction (in... | |
 | Law reports, digests, etc - 1925 - 1112 pages
...required to make a return of income for the estate or trust for which he acts and it is provided that "the net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212," with certain different deductions from those allowed an individual... | |
 | John F. Sherwood - Income tax - 1925 - 206 pages
...shall be computed upon the net income of the estate or trust, and shall be paid by the fiduciary. The net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212, except that — (1) There shall be allowed as a deduction (in... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - Income tax - 1925 - 580 pages
...shall be responsible for making the return of income for the estate or trust for which he acts. The net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212,171 except that there shall also be allowed as a deduction (in... | |
 | Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...required to make a return of income for the estate or trust for which he acts and it is provided that "the net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212," with certain different deductions from those allowed an individual... | |
 | United States. Board of Tax Appeals - Taxation - 1926 - 1508 pages
...shall be responsible for making the return of Income for the estate or trust for which he acts. The net income of the estate or trust shall be computed in the sume manner and on the same basis as provided In section 212, except that (in lieu of the deduction... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 pages
...trusts) and section 167 (relating to income for benefit of the grantor). SEC. 162. NET INCOME. The net income of the estate or trust shall be computed...on the same basis as in the case of an individual, except that— (a) There shall be allowed as a deduction (in lieu of the deduction for charitable,... | |
 | Eric Louis Kohler - Income tax - 1927 - 618 pages
...shall be computed upon the net income of the estate, or trust, and shall be paid by the fiduciary. The net income of the estate or trust shall be computed in the same manner and on the same basis as provided in section 212, except that — (1) There shall be allowed as a deduction (in... | |
 | United States. Board of Tax Appeals - Taxation - 1927 - 1522 pages
...shall be responsible for making the return of income for the estate or trust for which he acts. The net income of the estate or trust shall be computed in the same manner nnd on the same basis as provided in section 212, * * » and in cases under paragraph (4) of subdivision... | |
 | Charles Alison Scully - Insurance, Life - 1927 - 112 pages
...such income be taxable to the estate or trust or to the beneficiaries thereof. The net income of an estate or trust shall be computed in the same manner and on the same basis as provided in this article for individual taxpayers, except that there shall also be allowed... | |
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The net income of the estate or trust shall be computed in the same manner and on the same basis as in the case of an individual... 
