 | Michigan. Legislature. House of Representatives - 1929 - 786 lapas
...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 act for individual taxpayers, except that there shall also be allowed... | |
 | United States. Court of Claims - 1948 - 886 lapas
...propaganda, or otherwise attempting, to Influence legislation ; * » SEC. 162. NUT INCOME. The net income of the estate or trust shall be computed...charitable, etc., contributions authorized by section 28 (o)) any part of the gross Income, without limitation, which pursuant to the terms of the Trill... | |
 | United States. Court of Claims - 1941 - 708 lapas
...individuals shall apply to the income of estates or of any kind of property held in trust, * * * and Section 162 provides: The net income of the estate...on the same basis as in the case of an individual, * * * with certain exceptions not material here. Section 23 specifies the deductions from gross income... | |
 | United States. Court of Claims, Audrey Bernhardt - 1958 - 910 lapas
...Revenue Code of 1939 are section 162 and section 23 (a) (2) which follow : Sec. 162. NET INCOME. The net income of the estate or trust shall be computed...basis as in the case of an individual, except that * * * Sec. 23. DEDUCTIONS FROM GROSS INCOME. In computing net income there shall be allowed as deductions... | |
 | United States. Court of Claims - 1937 - 786 lapas
...recover in either action. Section 162 of the Revenue Act of 1928 provides that the net income of an estate or trust shall be computed in the same manner...basis as in the case of an individual, except that there shall be allowed as an additional deduction, in computing the net income of the trust, the amount... | |
 | United States. Court of Claims, Audrey Bernhardt - 1949 - 832 lapas
...individuals for tax purposes. Section 183 of the bill provides that the net income of a partnership shall be computed in the same manner and on the same basis as in the case of an individual (the same as the rule of the prior acts), with the following exception: (1) The partnership is required... | |
 | United States. Department of Justice - 1922 - 710 lapas
...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," with one exception not material to the present question. Subsection... | |
 | 1926 - 1144 lapas
...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, except that there shall also be allowed as a deduction (in lieu... | |
 | Harris, Forbes & co., New York - 1919 - 164 lapas
...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, except that there shall also be allowed as a deduction (in lieu... | |
 | Henry Montefiore Powell - 1919 - 708 lapas
...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 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... 
