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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... meaning of installment plan . 83. Dealers in personal property ordinarily sell either for cash or on the personal credit of the buyer or on the install . ment plan . Occasionally a fourth type of sale is met with , in which the buyer ...
... meaning of ths rule . ( Art . 1585. ) 125. Page 406. Additional matter . Worthless securities.- Where bonds purchased before March 1 , 1913 , depreciated in value between the date of purchase and that date , and were in a later year ...
... meaning of these terms in respect to the type of deposit , and may also include ( b ) " prospective " or " probable " ores and minerals ( in the same sense ) , i . e . , ores and minerals that are believed to exist on the basis of good ...
... meaning of the statute , and is not exempt from tax as a civic league or organization , even though it no longer exercises such powers for profit and is operated exclusively for the promotion of social welfare . ( Art . 519. ) 255. Page ...
Prentice-Hall Inc, Prentice-Hall, inc. meaning of the statute . The exemption does not include a telephone clearing association , whose business is to apportion toll rates between independent , telephone companies handling the same calls ...