Prentice-Hall Tax Service for 1919, Issues 1-32Excerpt 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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... Original Subscription to Victory Notes .. Macomber vs. Eisner Case .... Copyright , 1919 , by Prentice - Hall , Inc. , 70 Fifth Avenue , New York , N. Y. 657 663 663 671 672 672 672 ¶ 1481. Donations to the Red Cross or other war.
... original inventory sheets and all papers which would have any bearing on a claim for loss in inventories ( including sales slips ) should be retained for a period of not less than five years . It is recommended that the taxpayer attach ...
... original return , and the claim in abatement , gains may result from subsequent sales . It will therefore be necessary for the taxpayer to prepare a statement which will fully reflect the corrected amount of any claim to which he may be ...
... original claim and at the close of the taxable year 1919 , summarized statements covering all adjustments involved . To conform to good accounting practices , the taxpayer should consider these summaries in the light of controlling ...
... original due date at the rate of one - half of one per cent a month at the time of filing the completed return . This extension , in the case of corporations , shall not operate to extend the due date of any installment of tax after the ...