| United States. Supreme Court - 1940 - 894 pages
...'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... | |
| Eric Louis Kohler - 1927 - 618 pages
...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. Congress. House. Committee on Ways and Means - 1927 - 1032 pages
...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... | |
| United States. Congress. House. Committee on Ways and Means - 1927 - 1034 pages
...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 - 1928 - 268 pages
...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.... | |
| United States - 1928 - 1164 pages
...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.,... | |
| Robert Hiester Montgomery - 1927 - 592 pages
...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... | |
| United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 626 pages
...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...depletion) from the property, except that in no case •hall the depletion allowance be less than it would be if computed without reference to this paragraph.... | |
| United States. Internal Revenue Service - 1931 - 502 pages
...depletion shall be 27JX> 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. ART. 611. Basis for allowance... | |
| United States. Congress. House. Committee on Ways and Means - 1932 - 1264 pages
...for depletion shall be 275^ 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. BRIEF OF THE NATIONAL COAL... | |
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