 | Social sciences - 1916 - 834 pages
...property arising out of its use of employment in the business or trade; (a) in the case of oil and gas wells a reasonable allowance for actual reduction...case of mines a reasonable allowance for depletion 28Ibid., Art. 144. "Ibid., Art. 145. *°Ibid., Art. 146. "Stanton v. Baltic Mining Co., 240 US 103,... | |
 | Harris, Forbes & Co., New York - Income tax - 1916 - 140 pages
...property arising out of its use or employment in the business or trade; (a) in the case of oil and gas wells a reasonable allowance for actual reduction in flow and production to be as ascertained not by the flush flow, but by the settled production or regular flow; (b) in the case... | |
 | Frank A. North - Income tax - 1917 - 164 pages
...United States arising out of its use or employment in the business or trade ; (a) in the case of oil and gas wells a reasonable allowance for actual reduction...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 mined and... | |
 | Robert Hiester Montgomery - Excess profits tax - 1920 - 1304 pages
...individuals, and section 12 (a), Second, corporations] was as follows: "(a) In the case of oil and gas wells a reasonable allowance for actual reduction...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 mined and... | |
 | Savings Union Bank and Trust Company - Excess profits tax - 1917 - 88 pages
...property arising out of its use or employment in the business or trade; Eighth, (a) In the case of oil and gas wells a reasonable allowance for actual reduction...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 mined and... | |
 | Harris, Forbes & Co., New York - Income tax - 1917 - 170 pages
...property arising out of its use or employment in the business or trade; (a) and in the case (a) of oil and gas wells a reasonable allowance for actual reduction...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 mined and... | |
 | Godfrey Nicholas Nelson - Accounting - 1917 - 218 pages
...market value as of that date, no further allowance for depletion shall be made. In the case of oil and gas wells a reasonable allowance for actual reduction...flow, but by the settled production or regular flow. As in the case of mines, when the allowance authorized for depletion shall equal the capital originally... | |
 | George Edwin Holmes - Excess profits tax - 1917 - 674 pages
...property arising out of its use of employment in the business or trade ; (a) in the case of oil and gas wells a reasonable allowance for actual reduction...flow but by the settled production or regular flow; (6) in the case of mines a reasonable allowance for depletion thereof not to exceed the market value... | |
 | Chester William Le Noir - Income tax - 1917 - 20 pages
...property arising out of its use or employment in the business or trade; 8. («) In the case of oil and gas wells a reasonable allowance for actual reduction...flow, but by the settled production or regular flow; (i) in case of m1nes a reasonable allowance for depletion thereof not to exceed the market value in... | |
 | National Bank of Commerce in New York - Income tax - 1917 - 180 pages
...property arising out of its use or employment in the business or trade; (a) in the case of oil and gas wells a reasonable allowance for actual reduction...flow, but by the settled production or regular flow; (fo) in the case of mines a reasonable allowance for depletion thereof not to exceed the market value... | |
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... a reasonable allowance for actual reduction in flow and production to be ascertained not by the flush flow, but by the settled production or regular flow; (b) in the case of mines a reasonable allowance for depletion thereof not to exceed the market... 
