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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... thereof shall be taxed in the same manner as the members of partnerships . “ Therefore , a corporation clearly entitled to personal service classification has no option but to accept such classification and file returns accordingly ...
... thereof having been corrected to read ' even though such contributions are made to the Red Cross or other War Activities . ' Our subscribers should note this change in the first para- graph on page 640 of Supplement No. 16 . ¶ 1482 ...
... thereof a paragraph as follows : The following records and evidence will be deemed sufficient to establish this right of exemption : ( 1 ) Any record or state- ment showing the exact amount of tax paid upon such articles ; ( 2 ) a ...
... thereof for adjustment , replacement , or ex- change , under a guaranty as to quality of service , and a new article given pursuant to a guaranty , free or at a reduced price , the tax shall be computed on the actual price , if any , to ...
Prentice-Hall Inc, Prentice-Hall, inc. the manufacturer thereof , at least once during each calen- dar year , and will pay the tax thereon to him at the time such accounting is made . Signed If it is impracticable to furnish a ...