 The allowance for depletion under section 23 (m) shall be, in the case of coal mines, 5 per centum, in the case of metal mines, 15 per centum, and, in the case of sulphur mines or deposits, 23 per centum, of the gross income from the property during the...  Federal Income, Estate and Gift Tax Laws, Correlated - Page 268by United States, Walter Elbert Barton - 1944 - 1242 pagesFull view - About this book
 | 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... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...SULPHUB.—The allowance for depletion shall be, in the case of coal mines, 5 per centum, in the case of metal mines, 15 per centum, and, in the case of sulphur...income of the taxpayer (computed without allowance for depiction) from the property, except that in no case shall the depletion allowance for the taxable... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 pages
...depletion under section 23 (m) shall be, in the case of coal mines, 5 per centum, in the case of metal mines, 15 per centum, and, in the case of sulphur...without allowance for depletion) from the property. A taxpayer making his first return under this title in respect of a property shall state whether he... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...depletion under section 23 (m) shah1 be, in the case of coal mines, 5 per centum, in the case of metal mines, 15 per centum, and, in the case of sulphur...without allowance for depletion) from the property. A taxpayer making his first return under this title in respect of a property shall state whether he... | |
 | United States. Internal Revenue Service - 1936 - 604 pages
...in the case of coal mines, 5 per centum, in the case of metal mines, 15 per centum, and, in the ease of sulphur mines or deposits, 23 per centum, of the...without allowance for depletion) from the property. A taxpayer making . his first return under this title in respect of a property shall state whether... | |
 | United States - 1939 - 780 pages
...allowance under section 23 (m) be less than it would be if computed without reference to this paragraph. 23 per centum, of the gross income from the property...without allowance for depletion) from the property. A taxpayer making his first return under this chapter in respect of a property shall state whether... | |
 | United States. Congress. Senate. Committee on Finance - 1939 - 780 pages
...— In the case of oil and gas wells the allowance for depletion under section 23 (m) shall be 27^ per centum of the gross income from the property during...without allowance for depletion) from the property, except that in no case shall the depletion allowance under section 23 (m) be less than it would be... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1938 - 348 pages
...depletion under section 23 (m) shall be, in the case of coal mines, 5 per centum, in the case of metal mines, 15 per centum, and, in the case of sulphur...without allowance for depletion) from the property. A taxpayer making his first return under this title in respect of a property shall state whether he... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 pages
...depletion under section 23 (m) shall be, in the case of coal mines, 5 per centum, in the case of metal mines, 15 per centum, and, in the case of sulphur...without allowance for depletion) from the property. A taxpayer making his first return under this chapter in respect of a property shall state whether... | |
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