| Guaranty Trust Company of New York - 1918 - 108 lapas
...exhaustion, wear and tear of 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...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 value... | |
| United States. Internal Revenue Service - 1916 - 200 lapas
...and tear of 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...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 value... | |
| United States. Internal Revenue Service - 1918 - 200 lapas
...exhaustion, wear and tear of 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...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 value... | |
| United States. Congress. Senate. Committee on Finance - 1918 - 660 lapas
...depletion allowances referred to. The two paragraphs are in identical language, as follows: "ta) In. the case of oil and gas wells a reasonable allowance...flow. but by the settled production or regular flow; (6) in the case of mines a reasonable allowance for depletion; (c) in the case of mines, oil and gas... | |
| United States, Guaranty Trust Company of New York - 1918 - 144 lapas
...out of its use or employment in the business or trade; (a) and in the case (a) of oil and gas welb a reasonable allowance for actual reduction in flow...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 value... | |
| United States. Congress. House. Committee on Ways and Means - 1918 - 58 lapas
...arising out of its use or employment in the business or trade; (a) in the case of oil and gas wells such reasonable allowance for actual reduction in flow...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 value... | |
| United States, Guaranty Trust Company of New York - 1918 - 148 lapas
...deducted has been or will be preserved and applied as such. Depletion, Oil and Gas Wells, and Mines In the case of oil and gas wells a reasonable allowance for actual reduction in flow and production ascertained not by the flush flow but by the settled production or regular flow shall be permitted.... | |
| Godfrey Nicholas Nelson - 1918 - 478 lapas
...property within the 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 in flow and produc- .. ePrec1a" tion to be ascertained not by the flush flow, but by the settled production or... | |
| United States, Guaranty Trust Company of New York - 1918 - 152 lapas
...In the case of oil and gas wells a reasonable allowance for actual reduction in flow and production ascertained not by the flush flow but by the settled production or regular flow shall be permitted. In the case of mines, a reasonable allowance for depletion thereof may be taken,... | |
| United States. Congress. Senate. Committee on Finance - 1918 - 664 lapas
...depletion allowances referred to. The two paragraphs are In Identical language. -an follows: "(a) In the case of oil and gas wells a reasonable allowance for actual reduction In How and production to be ascertained not by the Hush How, but by the settled production or reKUlar... | |
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