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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... additional statements of objections or reasons therefor . ( Art . 1701. ) 13. Matters submitted to the Advisory Tax Board will ordi- narily be considered upon the papers , but a hearing for oral presentation of a case will be granted ...
... Additional matter . Medium of payment . — The following articles deal with the method or medium of payment . Payment of tax by certificates of indebtedness . - Collectors will receive at par United States Treasury certificates of in ...
... additional and interest at 12 per cent per annum by distraint and sale of the goods , chattels or effects , including stocks , securities and evidences of debt , of the person delinquent . When goods , chattels or effects sufficient to ...
... Additional matter . Methods of accounting.— 38. It is recognized that no uniform method of accounting can be prescribed for all taxpayers , and the law contemplates that each taxpayer shall adopt such forms and systems of 15 WEEKLY ...
... Additional matter . Dividends from Federal Reserve banks . As section 7 of the Federal Reserve Act of December 23 , 1913 , provides that Federal Reserve banks , includ- ing the capital stock and surplus therein , and the income de ...