 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. In the case of property held in...  United States Statutes at Large - 14. lappuseautors: United States - 1939Pilnskats - Par šo grāmatu
 | United States. Supreme Court - 1940 - 894 lapas
...tear of property used in the trade or business, including a reasonable allowance for obsolescence. In the case of property held by one person for life...on the basis of the trust income allocable to each. 1 32 BTA 633. The Board found the depreciable life of the property to be fifty years, instead of forty... | |
 | United States. Court of Claims - 1945 - 952 lapas
...tear of property used in the trade or business, including a reasonable allowance for obsolescence. In the case of property held by one person for life...on the basis of the trust income allocable to each. Opinion of the Court Treasury Regulations 86 and 94 provided as follows : ART. 23 (Z)-1. Depreciation.... | |
 | United States. Court of Claims - 1948 - 886 lapas
...tear of property used In the trade or business. Including a reasonable allowance for obsolescence. In the case of property held by one person for life...on the basis of the trust Income allocable to each. * . * * * * (o) CHARITABLE AND OTHIB CONTRIBUTIONS. — In the case of an Individual, contributions... | |
 | United States - 1928 - 268 lapas
...tear of property used in the trade or business, including a reasonable allowance for obsolescence. In the case of property held by one person for life...on the basis of the trust income allocable to each. (1) Depletion. — In the case of mines, oil and gas wells, other natural deposits, and timber, a reasonable... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 626 lapas
...prescribed by the commissioner, with the approval of the Secretary. In the case of leases the deduction shall be equitably apportioned between the lessor...income allocable to each. (For percentage depletion in case of oil and gas wells, see sec. 114 (b) (3).) REPORTS ON INTERNAL REVENUE TAXATION (m) Basis... | |
 | United States. Internal Revenue Service - 1931 - 502 lapas
...tear of property used in the trade or business, including a reasonable allowance for obsolescence. In the case of property held by one person for life...on the basis of the trust income allocable to each. ART. 201. Depreciation. — A reasonable allowance for the exhaustion, wear and tear, and obsolescence... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 lapas
...tear of property used in the trade or business, Including a reasonable allowance for obsolescence. In the case of property held by one person for life...on the basis of the trust income allocable to each. ART. 201. Depreciation.—A reasonable allowance for the exhaustion, wear and tear, and obsolescence... | |
 | United States U.S. Congress. Senate. Committee on finance - 1935 - 420 lapas
...full cost of any property actually acquired after September 1, 1935, and prior to December 31, 1936. In the case of property held by one person for life...on the basis of the trust income allocable to each. Our motive in suggesting this amendment rests in the conviction that greater activity of our durable-goods... | |
 | United States. Congress. Senate. Committee on Finance - 1935 - 422 lapas
...full cost of any property actually acquired after September 1, 1935, and prior to December 31, 1936. In the case of property held by one person for life...on the basis of the trust income allocable to each. Our motive in suggesting this amendment rests in the conviction that greater activity of our durable-goods... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 lapas
...be wholly or partially worthless and charged against the reserve account during the taxable year. 54 property held in trust the allowable deduction shall...on the basis of the trust income allocable to each. ART. 23(1)-1. Depreciation. — A reasonable allowance for the exhaustion, wear and tear, and obsolescence... | |
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