| Eric Louis Kohler - Accounting - 1924 - 514 pages
...only in their individual capacity. There shall be included in computing the net income of each partner his distributive share, whether distributed or not,...net income of the partnership for the taxable year, or, if his net income for such taxable year is computed upon the basis of a period different from that... | |
| Taxation - 1927 - 1150 pages
...Subdivision (d) provides that: "There shall be included in computing the net income of each beneficiary his distributive share, whether distributed or not, of the net income of the estate or trust for the taxable year." A regulation of the Treasury Department has construed and interpreted... | |
| Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...only in their individual capacity. There shall be included in computing the net income of each partner his distributive share, whether distributed or not,...net income of the partnership for the taxable year, or, if his net income for such taxable year is computed upon the basis of a period different from that... | |
| John F. Sherwood - Income tax - 1925 - 206 pages
...only in their individual capacity. There shall be included in computing the net income of each partner his distributive share, whether distributed or not,...net income of the partnership for the taxable year, or, if his net income for such taxable year is computed upon the basis of a period different from that... | |
| Walter Elbert Barton, United States, Carroll Wright Browning - Income tax - 1925 - 580 pages
...paid by the fiduciary, but there shall be included in computing the net income of each beneficiary his distributive share, whether distributed or not, of the net income of the estate or trust for the taxable year, or. if his net income for such taxable year is computed 138 Act... | |
| Law reports, digests, etc - 1925 - 1112 pages
...subdivision (d) that the income under paragraph 4 on which the tai is to be assessed and collected shall be "his distributive share, whether distributed or not, of the net income of the estate or trust for the taxable year." The beneficiary clearly has no distributive share in the net... | |
| Law reports, digests, etc - 1926 - 1040 pages
...proportion to the payments in cash. The Tax Law, as then existent, provides that a person shall be taxed on his distributive share, whether distributed or not...income of the partnership for the taxable year. Section 364, Tax Law (as added by Laws 1919, c. 627). That, however, does not apply to the present situation,... | |
| Law reports, digests, etc - 1926 - 1116 pages
...only in their individual capacity. There shall be included in computing the net income of each partner his distributive share, whether distributed or not,...net income of the partnership for the taxable year. * • • » It need not be disputed that the plaintiff is correct in his view that the contract between... | |
| Virginia. General Assembly. Senate - 1926 - 1386 pages
...income received by individuals. There shall be included in computing the net income of each partner his distributive share, whether distributed or not,...net income of the. partnership for the taxable year, or, if his net income for such taxable year is computed upon the basis of a period different from that... | |
| Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...subdivision (d) that the income under paragraph 4 on which the tax is assessed and collected shall be "his distributive share, whether distributed or not, of the net income of the estate or trust for the taxable year." The beneficiary clearly has no distributive share in the net... | |
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