 | United States. Supreme Court - 1940 - 894 páginas
...'That section provided: "In the case of oil and gas wells the allowance for depletion shall be 27 J /2 per centum of the gross income from the property during...income of the taxpayer (computed without allowance for deple-' tion) from the property, except that in no case shall the depletion allowance be less than... | |
 | New York (State). Legislature. Assembly - 1926 - 802 páginas
...Winters Lewis Rice Witter the property during the taxable year. Such allowance shall not exceed fifty per centum of the net income of the taxpayer (computed...except that in no case shall the depletion allowance be less than it would be if computed without reference to this paragraph." \ Page 2, line 18, insert... | |
 | United States. Congress. House. Committee on Ways and Means - 1927 - 1034 páginas
...for depletion shall l>e 27% per centum of the gross income from the property daring the taxable year. Such allowance shall not exceed 50 per centum of the...except that in no case shall the depletion allowance be less than it would be if computed without reference to this paragraph. Mr. Caixbheath. As an addition... | |
 | United States. Congress. House. Committee on Ways and Means - 1927 - 1032 páginas
...for depletion shall bt 27% per centum of the gross income from the proi>erty during the taxable year. Such allowance shall not exceed 50 per centum of the...except that in no case shall the depletion allowance be less than it would be if computed without reference to this paragraph. Mr. CALLBREATH. As an addition... | |
 | Eric Louis Kohler - 1927 - 618 páginas
...for depletion shall be 27^ per centum of the gross income from the property during the taxable year. Such allowance shall not exceed 50 per centum of the...except that in no case shall the depletion allowance be less than it would be if computed without reference to this paragraph. INVENTORIES Sec. 205. Whenever... | |
 | United States - 1928 - 1164 páginas
...for depletion shall be 27% per centum of the gross income from the property during the taxable year. Such allowance shall not exceed 50 per centum of the...except that in no case shall the depletion allowance be less than it would be if computed without reference to this paragraph. (June 2, 1924, 4:01 p. т.,... | |
 | United States - 1928 - 268 páginas
...for depletion shall be 27J^ per centum of the gross income from the property during the taxable year. Such allowance shall not exceed 50 per centum of the...except that in no case shall the depletion allowance be less than it would be if computed without reference to this paragraph. DISTRIBUTIONS BY CORPORATIONS.... | |
 | Robert Hiester Montgomery - 1927 - 592 páginas
...for depletion shall be 2 7H per centum of the gross income from the property during the taxable year. Such allowance shall not exceed 50 per centum of the...except that in no case shall the depletion allowance be less than it would be if computed without reference to this paragraph. Inventories SEC. 205. Whenever... | |
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In the case of oil and gas wells the allowance for depletion under section 23 (m) shall be 27 '/2 per centum of the gross Income from the property during the taxable year, excluding from such gross Income an amount equal to any rents or royalties paid... 
