REVISED FIRST REPORT ON ESTATES, TRUSTS, BENEFICIARIES, AND DECEDENTS RECEIVED BY THE SUBCOMMITTEE ON INTERNAL REVENUE TAXATION AND TRANSMITTED TO THE COMMITTEE ON WAYS AND MEANS U. S. HOUSE OF REPRESENTATIVES FROM THE Advisory Group on Subchapter J of the NOVEMBER 22, 1957 UNITED STATES GOVERNMENT PRINTING OFFICE WASHINGTON: 1957 LETTER OF TRANSMITTAL Hon. JERE COOPER, WASHINGTON, November 22, 1957. Chairman, Committee on Ways and Means, House of Representatives, Washington, D. C. MY DEAR MR. CHAIRMAN: I am transmitting herewith a revised report by an advisory group appointed by the Subcommittee on Internal Revenue Taxation to study subchapter J of the Internal Revenue Code of 1954, relating to the income of estates and trusts. This report contains only the changes which the advisory group recommends for consideration at this session of Congress. The advisory group was appointed by the subcommittee on November 28, 1956, to assist the subcommittee in its study of subchapter J of the 1954 Code. The advisory group consists of the following members: Messrs. Kenneth W. Bergen, Carlysle A. Bethel, George Craven, Rupert Gresham, James P. Johnson, Carter T. Louthan, Weston Vernon, Laurens Williams, A. James Casner, chairman. This report is a revision of the advisory group's first report dated May 8, 1957. The report has not been considered or approved by the Subcommittee on Internal Revenue Taxation, or any member thereof. The committee has scheduled public hearings commencing January 7, 1958, and this report is among the subjects to be considered in such hearings. Respectfully submitted. WILBUR D. MILLS, Chairman, Subcommittee on Internal Revenue Taxation. 2695 |