Regulations 101 Relating to the Income Tax Under the Revenue Act of 1938 |
From inside the book
Results 1-5 of 23
Page 77
... instrument creating the trust , or , in the absence of such provisions , on the basis of the trust income allocable to each . ART . 23 ( 1 ) –1 . Depreciation . - A reasonable allowance for the ex- haustion , wear and tear , and ...
... instrument creating the trust , or , in the absence of such provisions , on the basis of the trust income allocable to each . ART . 23 ( 1 ) –1 . Depreciation . - A reasonable allowance for the ex- haustion , wear and tear , and ...
Page 78
... instrument creating the trust , or , in the absence of such provisions , on the basis of the trust income which is allocable to the trustee and the benefici- aries , respectively . For example , if the trust instrument provides that the ...
... instrument creating the trust , or , in the absence of such provisions , on the basis of the trust income which is allocable to the trustee and the benefici- aries , respectively . For example , if the trust instrument provides that the ...
Page 83
... instrument creating the trust , or , in the absence of such provisions , on the basis of the trust income allocable to each . ( For percentage depletion allowable under this subsection , see section 114 ( b ) , ( 3 ) and ( 4 ) . ) ( n ) ...
... instrument creating the trust , or , in the absence of such provisions , on the basis of the trust income allocable to each . ( For percentage depletion allowable under this subsection , see section 114 ( b ) , ( 3 ) and ( 4 ) . ) ( n ) ...
Page 205
... trust instrument in the case of a fiduciary return , ( 3 ) the power of attorney on Form 935 or Form 936 in the case of a return made by an agent , and ( 4 ) the copy of the annual statement made to the insurance department of the State ...
... trust instrument in the case of a fiduciary return , ( 3 ) the power of attorney on Form 935 or Form 936 in the case of a return made by an agent , and ( 4 ) the copy of the annual statement made to the insurance department of the State ...
Page 268
... trust or otherwise . It does not apply to property acquired by ( 1 ) devise or bequest ( see section 113 ( a ) ( 5 ) ) ; or ( 2 ) an instrument which , under section 113 ( a ) ( 5 ) , is to be treated as though it were a will . Section ...
... trust or otherwise . It does not apply to property acquired by ( 1 ) devise or bequest ( see section 113 ( a ) ( 5 ) ) ; or ( 2 ) an instrument which , under section 113 ( a ) ( 5 ) , is to be treated as though it were a will . Section ...
Common terms and phrases
adjusted basis adjusted net income allocated allowed amended applicable article 23 assessment assets bank basic surtax credit basis beneficiary bonds capital gain centum claim collector Commissioner common trust fund consent dividends credit cost December 31 deductible from gross deficiency depletion depreciation determined distribution domestic corporation earnings or profits employees entitled excess exempt fair market value February 28 fiduciary filed foreign corporation foreign personal holding gain or loss gross income included in gross income from sources income tax insurance companies interest Internal Revenue inventory liability liquidation mineral nonresident alien individual obligations ownership paragraph partnership payment percent period personal holding company prescribed prior provided in section provisions of section purchase purpose refund regulations resident respect Revenue Act section 23 shareholder shares stock or securities surtax net incomes tax imposed taxable year beginning taxpayer term thereof tion trade or business transfer trust instrument United
Popular passages
Page 251 - ... owned by him at the time of the adoption of the plan of liquidation shall be recognized only to the extent provided In subsections (e) and (f ). (b) Excluded Corporation. — For purposes of this section, the term "excluded corporation...