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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... "
Revenue Bill: Hearings Before the Committee on Ways and Means, House of ... - 24. lappuse
autors: United States. Congress. House. Committee on Ways and Means - 1918 - 2115 lapas
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Income Tax Law of the United States: Act of September 8, 1916, as Amended ...

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...
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Regulations No. 33 (rev.) Governing the Collection of the Income Tax Imposed ...

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...
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Regulations No. 33 (rev.)

United States. Internal Revenue Service - 1918 - 199 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...
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To Provide Revenue for War Purposes: Hearings Before the Committee on ...

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...
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The Federal Income Tax Law Act of September 8, 1916, as Amended: Act of ...

United States, Guaranty Trust Company of New York - 1918 - 140 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...
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Revenue Bill: Hearings Before the Committee on Ways and Means, House of ...

United States. Congress. House. Committee on Ways and Means - 1918
...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...
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The Federal Income Tax Law Act of September 8, 1916, as Amended: Act of ...

United States, Guaranty Trust Company of New York - 1918 - 140 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....
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Income Tax Law and Accounting, 1918: Being a Practical Application of the ...

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...
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The Federal Income Tax Law Act of September 8, 1916, as Amended: Act of ...

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,...
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To Provide Revenue for War Purposes: Hearings... on H.R. 12863...

United States. Congress. Senate. Committee on Finance - 1918
...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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