 | United States. Court of Claims - 1937 - 786 lapas
...entitled to 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 and on the same basis as in the case of an individual, except that there shall be allowed as an additional... | |
 | Prentice-Hall Inc, Prentice-Hall, inc - 1919 - 640 lapas
...is required to make a return of income. See section 225 of the statute and articles 421-425. The net income of an estate or trust shall be computed in the same manner and on the same basis as the net income of an individual, except that in place of the deduction allowed... | |
 | Henry Montefiore Powell - 1919 - 708 lapas
...is required to make a return of income. See section 225 of the statute and articles 421-425. The net income of an estate or trust shall be computed in the same manner and on the same basis as the net income of an individual, except that in place of the deduction allowed... | |
 | Guaranty Trust Company of New York - 1919 - 664 lapas
...the duties of administration are completed. Computation of Income of Estates and Trusts. —The net income of an estate or trust shall be computed in the same manner and on the same basis as the net income of an individual, except that, in lieu of the deduction for... | |
 | 1920 - 188 lapas
...Law, section 366, and article £47.) ABT. 251. Computation of income of estates and trusts The net income of an estate or trust shall be computed in the same manner and on the same basis as the net income of an individual, except that there shall also be allowed as... | |
 | New York (State) - 1921 - 324 lapas
...acts, whether 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 article for individual taxpayers, except that there shall... | |
 | National Tax Association - 1922 - 622 lapas
...manner and upon the same basis as provided in section 212," the regulations use these words, " the net income of an estate or trust shall be computed in the same manner and upon the same basis as the net income of the individual, except that in place of the deduction... | |
 | National Tax Association - 1922 - 604 lapas
...or not distributed, before the close of the taxable year for which the return is made. (3) The net income of an estate or trust shall be computed in the same manner and on the same basis as provided in this title for individual taxpayers, except that there shall also... | |
 | Charles Alison Scully - 1927 - 112 lapas
...acts, whether 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 article for individual taxpayers, except that there shall... | |
 | Virginia - 1928 - 328 lapas
...acts, whether 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 chapter for individual taxpayers, except that there shall... | |
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The taxable income of an estate or trust shall be computed in the same manner as in the case of an individual, except as otherwise provided in this part. The tax shall be computed on such taxable income and shall be paid by the fiduciary. 
