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. |
From inside the book
Results 1-5 of 65
... similar organization , the average value of a seat in which for the preceding year ended June 30 was $ 2,000 , and not more than $ 5,000 , there is an additional tax of $ 100 , and if such value was more than $ 5,000 , the tax is $ 150 ...
... similar organizations are de- ductible as necessary business expenses by a corporation : Treasury Department Office of Commissioner of Internal Revenue , Washington , D. C. To Collectors of Internal Revenue , Internal Revenue Agents ...
... similar places of business ) , Section 900 ( manufacturer's excise taxes ) , Section 906 ( upon motion picture films ) , and 904 ( the so - called " luxury taxes " ) . The extensions are granted because of unavoidable delay in the ...
... similar exemption or credit to citizens of the United States not residing in such country , or when the country does not impose an income tax . For list of such countries see 670 of Supplement No. 11. See pages 101 to 110 of the Tax ...
... similar in general arrangement to Form 1120 , except in Schedule IV , relating to the computation of taxes . This schedule is arranged for the computation of taxes both at the 1918 and 1919 rates . An illustration of the computation of ...