 | Law reports, digests, etc - 1920 - 1058 pages
...§ 12 (Comp. St. { 63360, permitting a deduction from gross income of a corporation of, "in the case of mines, a reasonable allowance for depletion thereof,...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
...granted, "a reasonable allowance for actual reduction in flow and production," while to mines was given, "a reasonable Allowance for depletion thereof not...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
...v. Baltic 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...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 by... | |
 | Harris, Forbes & Co., New York - Income tax - 1916 - 140 pages
...as 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...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... | |
 | Income tax - 1917 - 196 pages
...be ascertained not by the flush flow, but by the settled production or regular flow; (&) in the case of mines a reasonable allowance for depletion thereof...computation are made, such reasonable allowance to be made in the case of both (a) and (&) under rules and regulations to be prescribed by the Secretary of the... | |
 | Robert Hiester Montgomery - Excess profits tax - 1920 - 1302 pages
...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...computation are made, such reasonable allowance to be made in the case of both (a) and (b) under rules and regulations to be prescribed by the Secretary of the... | |
 | National Bank of Commerce in New York - Income tax - 1917 - 182 pages
...be ascertained not by the flush flow, but by the settled production or regular flow; (6) in the case of mines a reasonable allowance for depletion thereof...computation are made, such reasonable allowance to be made in the case of both (a) and (&) under rules and regulations to be prescribed by the Secretary of the... | |
 | Frank A. North - Income tax - 1917 - 164 pages
...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...computation are made, such reasonable allowance to be made in the case of both (a) and (b) under rules and regulations to be prescribed by the Secretary of the... | |
 | United States, Guaranty Trust Company of New York - Finance, Public - 1917 - 140 pages
...in flow and production to be ascertained by the settled production or regular flow; (b) in the case of mines, a reasonable allowance for depletion thereof...year for which the return and computation are made. Foreign Partnerships Foreign partnerships shall be entitled to the following deductions (allowed under... | |
 | Excess profits tax - 1917 - 20 pages
...ascertained not by the flush flow, but by the settled production or regular flow; (i) in case of m1nes a reasonable allowance for depletion thereof not to...year for which the return and computation are made; 9. Contributions or gifts to charitable, religious, eleemosynary, etc., corporations or associations,... | |
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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... 
