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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... statute and articles 381-384 . ( b ) A resident of the United States , who is not a citizen of Porto Rico , is taxable in Porto Rico as a nonresident alien individual on any income derived from sources within Porto Rico , but the income ...
... statute the proper officers of a State imposing an income tax are entitled as of right upon the request of its governor to have access to the returns of income of any corporation or to an abstract thereof showing its name and income ...
... statute and article 1711. Among the essentials are the following : 139. ( 1 ) In all cases in which the production , purchase or sale of merchandise of any kind is an income - producing factor inventories of the merchandise on hand ...
... statute shall be credited with the war profits and excess profits taxes computed for the entire period under Title III of the Statute at the rates prescribed for 1918. See Section 236 of the Statute . Amounts previously paid by the ...
... Statute . ( Art . 1623. ) 194. Page 496. Additional matter . Joint ownership and joint adventure . - Joint ... statute ; ( b ) the deductions enumerated in sec- tion 214 of the statute , other than the deduction provided in paragraph ...