 | Harrison B. Spaulding - 1927 - 336 էջ
...taxable year the shareholders of the corporation include in their returns of gross income their entire distributive share, whether distributed or not, of the net income of the corporation for such year. In such case, the distributive shares will be taxed to the shareholders... | |
 | Virginia - 1928 - 328 էջ
...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 upon... | |
 | United States - 1928 - 1164 էջ
...of the corporation include (at the time of filing their returns) in their gross income their entire distributive share, whether distributed or not, of the net income of the corporation for such year. Any amount so included in the gross income of a shareholder shall be treated... | |
 | United States - 1928 - 268 էջ
...computing the amount of gain or loss under subsection (a) — turns) in their gross income their entire distributive share, whether distributed or not, of the net income of the corporation for such year. Any amount so included in the gross income of a shareholder shall be treated... | |
 | Robert Hiester Montgomery - 1920 - 1320 էջ
...taxed: section 218 (a) ". . . . 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 is imperative that unlawful accumulations be taxed as if the stockholders were partners. The complications... | |
 | Robert Hiester Montgomery - 1927 - 1510 էջ
...only in their individual capacity. There shall be included in computing the net income of each partner his distributive share, whether distributed or not, of the net income of the partnership fdr the taxable year, or, if his net income for such taxable year is computed upon the basis of a period... | |
 | Robert Hiester Montgomery - 1919 - 1016 էջ
...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 upon... | |
 | Robert Hiester Montgomery - 1927 - 592 էջ
...hands of an individual owner. (at the time of filing their returns) in their gross income their entire distributive share, whether distributed or not, of the net income of the corporation for such year. Any amount so included in the gross income of a shareholder shall be treated... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 626 էջ
...the corporation include (at the time of filing of their returns) in their gross income their entire distributive share, whether distributed or not, of the net income of the corporation for such year. Any amount so included in the gross income of a shareholder shall be treated... | |
 | United States. Internal Revenue Service - 1931 - 502 էջ
...PARTNERS. (a) General rule. — 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. If the taxable year of a partner is different from that of the partnership, the amount so included... | |
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That individuals carrying on business in partnership shall be liable for income tax only in their individual capacity. There shall be included in computing the net income of each partner his distributive share, whether distributed or not, of the net income... 
