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. |
From inside the book
Results 1-5 of 89
... months in such pa of the year . There has been some doubt as to the meanin of this instruction . If an individual ... months he was sing plus $ 1,000 ( 6/12 of $ 2,000 ) for the six months he was marrie But it should also be remembered ...
... month other than Decem- ber . In the latter case , the form instructs that , after securing approval of the collector , a return should be made covering period from January 1 , 1918 , to the date on which the books closed . If this ...
... months ending on the last day of any month other than December . No fiscal year will , however , be recognized unless before its close it was definitely established as an accounting period by the tax- payer and the books of such ...
... months immediately prior , he may be treated as a resident in the absence of facts known to the employer showing that he is in fact a transient , such as one of the types mentioned under article 311. The facts with regard to the length ...
... month other than December to determine your annual profit or loss , you may , after obtaining the Commissioner's per ... months . " Under this provision the taxpayer in the case above may file a return for the period from January 1 ...