Prentice-Hall Tax Service for 1919 (Classic Reprint)Excerpt from Prentice-Hall Tax Service for 1919 This allowance is not based upon the difference between the actual war cost of such facilities and what they would have cost at pre-war prices. Obviously the taxpayer is not entitled to recover or extinguish through amortization more than the difference between the war cost of such property and what he can sell the property for after the war, or if he continues to need and use it in his business, what it would have cost him after the war. As the rule is expressed in Article 183 of the Regulations: The total amount to be extinguished by amortization, in general, is the excess of the unextinguished or unrecovered cost of the property over its maximum value (either for sale or for use as part of the plant or equipment of a going business) under stable post war. Conditions.' About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. |
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... schedule . The instructions are amply explicit , and little ifficulty should be encountered in completing the form . To cilitate the determination of the status of any item concerning hich there may be a question , reference is made as ...
... Schedule A of this form should not be used for reporting income from farming . A special " Schedule of Farm Income and Expenses " should be secured from the collector and used for this purpose . This special form will be explained in a ...
... schedule B of form 1114 , and only active depositaries of public moneys will be approved as depositaries under schedule C. The application should be executed in triplicate , so that the Com- missioner , the applicant , and the surety or ...
... schedule showing the proportionate amount of the total tax which it is agreed among them is to be assessed upon each ... schedules required under form 1120 , a corporation filing a con- solidated return is required to prepare and file ...
... schedules indicated thereon . ( Art . 632. ) ¶244 . Page 324. Must be made on prescribed form . — The income tax return form for corporations is to be known as Form 1120. This form will be a combined income and excess profits tax return ...