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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... included . - The return should show the income of the taxpayer . Income received through depend minor children should be included , unless derived from a sej rate estate . In cases of married persons , the husband sho not include the ...
... included in the same remit- tance ; ( d ) the name of each person whose tax is to be paid by the remittance ; ( e ) the amount of the payment on account of each person ; and ( f ) the kind of tax paid . ( Art . 1733. ) 12. Procedure ...
... included in a period for which he had previously made return . Thus an individual whose ac- counting period ended June 30 , 1918 , and who had previously made a return for the calendar year 1917 , should make a com- plete return in ...
... included in the tax for such calendar year and need not again be computed . The tax for that part of the year attributable to the calendar year 1918 is found by computing the tax for the fiscal year as if it were the calendar year 1918 ...
... included in a group with others to which the same factors apply . The taxpayer should keep such records as to each item or unit of depreciable property as will permit the ready verification of the factors used in computing the allow ...