 | 1953 - 1028 pages
...(m) and 114. Estates and trusta (provided an election is made as prescribed In section 124 (b)J arc entitled to a deduction with respect to the Amortization of the adjusted basis (for determining gain) of an emergency facility aa defined in section 124 (e), baaed on a period of 60 months. A statement of... | |
 | 1941 - 1688 pages
...following new section: "SEC. 124. AMORTIZATION DEDUCTION. "(a) General rule. Every corporation, at Its election, shall be entitled to a deduction with respect to the amortization of the adJusted basis of any emergency facility (as defined In subsection (e)), based on a period of sixty months. Such amortization... | |
 | United States - 1953 - 1744 pages
...to any treaty obligation of the United States." § 124. Amortization deduction — (a) General rule. Every person, at his election, shall be entitled to a deduction with respect to the amortization oí the adjusted basis (for determining gain) of any emergency facility (as defined in subsection (e)... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1944 - 336 pages
...expired prior to the filing of such consent. SEC. 124. AMORTIZATION DEDUCTION. (a) GENERAL RULE. — Every person, at his election, shall be entitled to...of the adjusted basis (for determining gain) of any emergency facility (as defined in subsection (e)), based on a period of sixty months. Such amortization... | |
 | United States, Walter Elbert Barton - 1944 - 1286 pages
...Sec. 123 (a), supra. Sec. 124. Amortization, deduction. Sec. Every 124. (a) General rule. At -¿to his election, shall be entitled to a deduction with...amortization of the adjusted basis (for determining gain) of апт emergency facility (as defined in subsection (e) ), based on a period of sixty months. Such... | |
 | United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 pages
...expired prior to the filing of such consent. SEC. 124. AMORTIZATION DEDUCTION. (a) GENERAL RULE. — Every person, at his election, shall be entitled to...of the adjusted basis (for determining gain) of any emergency facility (as defined in subsection (e)), based on a period of sixty months. Such amortisation... | |
 | United States - 1945 - 824 pages
...which the taxpayer was relieved from liability." § 124. Amortization deduction (a) General rule. — Every person, at his election, shall be entitled to...of the adjusted basis (for determining gain) of any emergency facility (as denned in subsection (e)), based on a period of sixty months. Such amortization... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 428 pages
...expired prior to the filing of such consent. SEC. 124. AMORTIZATION DEDUCTION. (a) GENERAL RULE. — Every person, at his election, shall be entitled to...of the adjusted basis (for determining gain) of any emergency facility (as defined in subsection (e)), based on a period of sixty months. Such amortisation... | |
 | 2006 - 836 pages
...was sustained in taxable years beginning before such date. [TD 7220, 37 FR 24744, Nov. 21, 1972] § 1.187-1 Amortization of certain coal mine safety equipment....placed in service or with the succeeding taxable year. Por rules as to making or discontinuing the election, see paragraphs (b) and (c) of this section. For... | |
 | 1987 - 620 pages
...§ 1.187-1 Amortization of certain coal mine safety equipment. (a) Allowance of deduction— (1) ft general. Under section 187(a), every person, at his...which such equipment was placed in service or with the succeed ing taxable year. For rules as to making or discontinuing the election, see paragraphs (b)... | |
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Every person, at his election, shall be entitled to a deduction with respect to the amortization of the adjusted basis (for determining gain) of any emergency facility (as defined in subsection (d)), based on a period of 60 months. 
