| Law reports, digests, etc - 1920 - 1058 pages
...gross income of a corporation of, "in the case of mines, a reasonable allowance for depletion thereof, not to exceed -the market value in the mine of the...thereof which has been mined and sold during the year," the lessee of a mine for a term long enough to enable It to remove all the ore, paying a royalty which... | |
| Mineral industries - 1919 - 528 pages
...reduction in flow and production," while to mines was given, "a reasonable Allowance for depletion thereof not to exceed the market value in the mine of the...year for which the return and computation are made." The 1917 income tax law applied a 6 per cent, tax on corporation incomes with exactly the same terms... | |
| Social sciences - 1916 - 834 pages
...Mining Co., 240 US 103, (1916). •2von Baumbach v. Sargent Land Co., 219 Fed. 31, (1914). thereof not to exceed the market value in the mine of the...year for which the return and computation are made, such allowance to be made in the case of both (a) and (b) under rules and regulations to be prescribed... | |
| Harris, Forbes & Co., New York - Income tax - 1916 - 140 pages
...settled production or regular flow; (b) in the case of mines a reasonable allowance for depletion thereof not to exceed the market value in the mine of the product thereof which has been [92] mined and sold during the year for which the return and computation are made, such reasonable... | |
| United States, Guaranty Trust Company of New York - Finance, Public - 1917 - 140 pages
...production or regular flow; (b) in the case of mines, a reasonable allowance for depletion thereof not to exceed the market value in the mine of the...year for which the return and computation are made. Foreign Partnerships Foreign partnerships shall be entitled to the following deductions (allowed under... | |
| Chester William Le Noir - Income tax - 1917 - 20 pages
...settled production or regular flow; (i) in case of m1nes a reasonable allowance for depletion thereof not to exceed the market value in the mine of the...year for which the return and computation are made; 9. Contributions or gifts to charitable, religious, eleemosynary, etc., corporations or associations,... | |
| United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1917 - 776 pages
...1916, 39 Stat. 756, 769, a reasonable allowance is made in the cases of mines for depletion thereof, "not to exceed the market value in the mine of the...year for which the return and computation are made." These provisions were not in the Act of 1909, and, as we have said, we think that Congress, in that... | |
| Income tax - 1917 - 194 pages
...settled production or regular flow; (&) in the case of mines a reasonable allowance for depletion thereof not to exceed the market value in the mine of the...year for which the return and computation are made, such reasonable allowance to be made in the case of both (a) and (&) under rules and regulations to... | |
| Law reports, digests, etc - 1917 - 1450 pages
...(1916-1916 Stat. 756, 769), a reasonable allowance is made in the cases of mines for depletion thereof, "not to exceed the market value in the mine of the...year for which the return and computation are made." These provisions were not in the Act of 1909, and, as we have said, we think that Congress, in that... | |
| Robert Hiester Montgomery - Excess profits tax - 1920 - 1304 pages
...settled production or regular flow; (b) in the case of mines a reasonable allowance for depletion thereof not to exceed the market value in the mine of the...year for which the return and computation are made, such reasonable allowance to be made in the case of both (a) and (b) under rules and regulations to... | |
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