Undistributed income definition

Undistributed income means federal taxable income of the closely held corporation, partnership, or other entity plus depreciation claimed on the entity's federal income tax return less a reasonable allowance for economic depreciation.

Undistributed income means net income received on or before the date on which an income interest ends.

Undistributed income means net income received before the date on which an

Undistributed income means income which is assessable to income tax and which has arisen or accrued on or after the 1st January, 2008, and –

Undistributed income. As defined in Section 14.05.

Undistributed income means net income received before the date on which an income interest ends. The term does not include an item of income or expense that is due or accrued or net income that has been added or is required to be added to principal under the terms of the trust.27

Undistributed income means net income received before the date

Undistributed income means federal taxable income

Undistributed income means, with respect to any Partner, at any date, the excess, if any, at such date, of the positive balance in such Partner's Capital Account over the amount of such Partner's Unrecovered Capital.