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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... United States , are taxed in both places , but the income tax in the United States is credited with the amount of any income , war profits and excess profits taxes paid in Porto Rico . See section 222 of the statute and articles 381-384 ...
... United States to enforce the lien of the United States for tax upon any real estate in which the delinquent has any right , title or interest . This remedy does not supersede distraint , but is cumulative . In the event of nonpayment of ...
... United States is a party , or to be used in any manner by which any information contained in the return could be made public , the application for permission to inspect such return or to furnish a certified copy thereof shall be ...
... United States is a party . 28. 6. Returns of individuals shall not be open to the inspec- tion of any person other than the proper officers and employees of the Treasury Department or person rendering the same , and are under no ...
... United States subject to its jurisdiction , or naturalized in the United States , is a citizen . When any naturalized citizen has left the United States and resided for two years in the foreign country from which he came , or for five ...