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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... organized and recog- nized stock exchange within the United States , for the purpose of having its shares dealt in by the public generally ; ( b ) all corporations whose stock is advertised in the press or offered to the public by the ...
... organized or doing business in such State . The authority to inspect returns granted to officers of a State in- cludes authority to inspect lists furnished to supplement and become a part of the returns . ( Art . 1092. ) 34. Inspection ...
... organized in the United States , but doing no business and own- ing no property therein , paid to non - resident alien individuals or corporations are not subject to the tax . " 57. Page 102. Compensation by resident employers . - Art ...
... organization the membership interests in which are transferable without the consent of all the members , however the transfer may be otherwise restricted , and the business of which is conducted by trustees or directors and officers ...
... organized on July 1 , 1917. It did not ask for permission to establish a fiscal year and there- fore filed a return for the six months ended December 31 , 1917 . In making up this return it estimated its net income ( as accu- rately as ...