 | United States. Tax Court - Law reports, digests, etc - 1958 - 1382 pages
...tbe decedent's estate of such right. •SEC. 162. NET INCOME. The net Income of the estate or (rust shall be computed in the same manner and on the same basis as In tbe case of an Individual, except that — • •••••• (b) There shall be allowed as an... | |
 | Administrative law - 1960 - 510 pages
...both contracting countries, the term "tax attributable" to property has the same meaning and is to be computed in the same manner and on the same basis as in paragraph (b) of this section, subject to the following adjustment. Where credit is allowed by a contracting... | |
 | Administrative law - 1961 - 566 pages
...participant. § 1.584—3 Computation of common trust fund income. The taxable income of the common trust fund shall be computed in the same manner and on the same basis as in the case of an individual, except that : (a) No deduction shall be allowed under section 170 (relating to charitable, etc., contributions... | |
 | United States. Tax Court - Taxation - 1961 - 1178 pages
...present value > BBC. 162. NET INCOME. The net Income of the estate or trust shall be computed In the Bame manner and on the same basis as In the case of an Indlvldnnl. except that — • ••*••• (e) Amounts allowable nnder section 812 (b) as a deduction... | |
 | United States Congress. House. Banking and Currency Committee - 1962 - 44 pages
...share. (d) COMPUTATION or COMMON TRUST FUND INCOME. — The taxable income of a «ommon trust fund shall be computed in the same manner and on the same basis as in the case of an individual, except that — (1) there shall be segregated the gains and losses from sales or exchanges of capital... | |
 | United States. Tax Court - Law reports, digests, etc - 1947 - 1354 pages
...Robinson, is income currently distributable and so taxable to her, since » 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 — • •••*•• the parties are in accord that the balance of the net income is... | |
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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... 
