 | United States - Law - 1946 - 684 pages
[ Sorry, this page's content is restricted ] | |
 | Taxation - 1963 - 1874 pages
[ Sorry, this page's content is restricted ] | |
 | Alaska - Law - 1947 - 396 pages
[ Sorry, this page's content is restricted ] | |
 |
[ Sorry, this page's content is restricted ] | |
 | United States. Tax Court - Law reports, digests, etc - 1949 - 1176 pages
...of coal mines, B per centum, In the case of metal mines, 15 per centum, and, In the case of sulphnr mines or deposits, 23 per centum, of the gross Income...property. A taxpayer making his first return under this chapter in respect of a property shall state whether he elects to have the depletion allowance for... | |
 | United States, Walter Elbert Barton - Income tax - 1950 - 1126 pages
...lepidolite, spodumene, barite, ball and sagger clay, or rock asphalt mines, and potash mines or deposits, 15 per centum, and in the case of sulphur mines or...without allowance for depletion) from the property, except in no case shall the depletion allowance under section 23 (m) be less than it would be if computed... | |
| |
In the case of oil and gas wells the allowance for depletion under section 23 (m) shall be 27% per centum of the gross income from the property during the taxable year, excluding from such gross income an amount equal to any rents or royalties paid or... 
