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" Income accumulated in trust for the benefit of unborn or unascertained persons or persons with contingent interests, and income accumulated or held for future distribution under the terms of the will or trust... "
Proceedings of the Annual Conference Held Under the Auspices of the National ... - Pàgina 77
per National Tax Association - 1922
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Laws of the State of New York, Volum 3

New York (State) - 1920 - 1190 pàgines
...trust for the benefit of unborn or unascertained persons. or persons with contingent interests; or (c) for an estate or trust the income of which is held for future distribution under H Formerly •' paragraph." 12 Words " and e " new. 18 Words " and in the case of any income of an...
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Cases Decided in the United States Court of Claims ... with ..., Volum 148

United States. Court of Claims, Audrey Bernhardt - 1962 - 784 pàgines
...of unborn or unascertained persons or persons with contingent interests, and income accumulated or held for future distribution under the terms of the will or trust. Section 142 of the Internal Revenue Code of 1939 requires returns from every fiduciary 6 (except a...
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Official Opinions of the Attorneys General of the United States: Advising ...

United States. Department of Justice - 1922 - 710 pàgines
...for the benefit of unborn or unascertained persons or persons with contingent interests ; "(3) Income held for future distribution under the terms of the will or trust ; and "(4) Income which is to be distributed to the beneficiaries periodically, whether or not at regular...
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Income Tax Law, Analysis and Comment

Harris, Forbes & Co., New York - 1917 - 170 pàgines
...for the benefit of unborn or unascertained persons, or persons with contingent interests, and income held for future distribution under the terms of the will or trust shall be likewise taxed, the tax in each instance, except when the income is returned for the purpose...
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The Income Tax Under United States and Massachusetts Law

Frank A. North - 1917 - 164 pàgines
...for the benefit of unborn or unascertained persons, or persons with contingent interests, and income held for future distribution under the terms of the will or trust shall be likewise taxed, the tax in each instance, except when the income is returned for the purpose...
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War Revenue and Federal Income Tax Laws

National Bank of Commerce in New York - 1917 - 182 pàgines
...for the benefit of unborn or unascertained persons, or persons with contingent interests, and income held for future distribution under the terms of the will or trust shall be likewise taxed, the tax in each instance, except when the income is returned for the purpose...
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The Income Tax and Other Federal Taxes

Joseph Jay Scott - 1917 - 386 pàgines
...for the benefit of unborn or unascertained persons, or persons with conting-ent interests, and income held for future distribution under the terms of the will or trust shall be likewise taxed." Any estate coming within the above provision must make a return just as an...
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Federal Income Tax: Including Tax on Undistributed Net Income, Capital Stock ...

George Edwin Holmes - 1917 - 690 pàgines
...for the benefit of unborn or unascertained persons, or persons with contingent interests, and income held for future distribution under the terms of the will or trust," shall' be subject to the normal and additional tax and be taxed to the estate, "the tax in each instance,...
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War Revenue and Federal Income Tax Laws

National Bank of Commerce in New York - 1917 - 180 pàgines
...for the benefit of unborn or unascertained persons, or persons with contingent interests, arid income held for future distribution under the terms of the will or trust shall be likewise taxed, the tax in each instance, except when the income is returned for the purpose...
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Taxes on Incomes and Excess Profits as Revised and Amended by the War ...

Savings Union Bank and Trust Company - 1917 - 88 pàgines
...for the benefit of unborn or unascertained persons, or persons with contingent interests and income held for future distribution under the terms of the will or trust shall be likewise taxed, the tax in each instance, except when the income is returned for the purpose...
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