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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... manufacture ( or as an expense of the business ) , and therefore any taxes , computation of which depends upon the ascertainment of net income , would be computed on a basis which would include the deduction of fee as a part of the cost ...
... manufacture ( or as an expense the business ) from the gross receipts , notwithstanding the act that the exact amount of fee would depend in turn upon the ascertainment of the amount of such taxes . In the determina- tion of this fee ...
... Manufacturer's Excise Taxes . [ Regulations No. 47 relating to the excise taxes sales by the manufacturer were reprinted in Supplement No. 13. ] This tax is also explained on pages 795-804 of the Tax Book . Form 728A .-- Miscellaneous ...
... manufacture of other articles taxable under Section 900 of the Revenue Act of 1918. Signed Extension of Time for Filing of Returns . " " Owing to the delay in the printing and distribution of the necessary forms , the time is extended ...
... manufacturer for the new article . Article 14 of Regulations No. 47 , entitled " Tires , inner tubes , parts , and accessories sold to manufacturer " is hereby modified to read as follows : " Subdivision ( 3 ) of Section 900 of the Act ...