26-U.S.C.-6032

§6032 – Returns of Banks With Respect to Common Trust Funds

Pathway

Title 26 > Subtitle F > Chapter 61 > Subchapter A > Part III > Subpart A > Section 6032

Details

• Reference: Section 6032
• Legend: §6032 – Returns of Banks With Respect to Common Trust Funds
• USCode Year: 2013

Provision Content

Every bank (as defined in section 581) maintaining a common trust fund shall make a return for each taxable year, stating specifically, with respect to such fund, the items of gross income and the deductions allowed by subtitle A, and shall include in the return the names and addresses of the participants who would be entitled to share in the taxable income if distributed and the amount of the proportionate share of each participant. The return shall be executed in the same manner as a return made by a corporation pursuant to the requirements of sections 6012 and 6062.

(Aug. 16, 1954, ch. 736, 68A Stat. 741.)

U.S. Encyclopedia of Law Coverage

26-U.S.C.-6017 in the Legal Encyclopedia: Tax Administration

In this entry about 26-U.S.C.-6017, find legal reference material, bibliographies and premiere content related to tax administration in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax administration-specific issues, written by authorities in the field.

Title 26 – Internal Revenue Code in the Legal Encyclopedia: Information Returns

In this entry about Title 26 – Internal Revenue Code, find legal reference material, bibliographies and premiere content related to information returns in the American Encyclopedia of Law, presenting a comprehensive view of the United States information returns-specific issues, written by authorities in the field.

Topic Map

• Browse the Topic Map in relation with Title 26 (Internal Revenue Code) guided by subject interests.