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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... transfer of title has been effected , should be excluded . See Article 1581 of Regulations 45 . ¶ 1490. Q. 6. Where inventory is taken on December 1 or 15 , can a claim be made for all goods invoiced up to Decem- ber 31 , 1918 ? Ans ...
... Transfer of burden of tax .. ..1524 Charging tax to lessee .. 1525 Tax in lieu of other taxes .. .1526 Lease at less than fair market price .. ..1527 Return ; date when due ; first return ; branches ; re- ceivers , etc .; taxpayer's ...
... transfer of liability from lessors to lessees , by the statute under certain circumstances , see article 7. As to transfer of burden of tax by agreement , see article 8 . MEASURE OF TAX 1521. Art . 4. Lessors . - The provision of the ...
... TRANSFER OF BURDEN OF TAX . 1524. Art . 7. Where a contract was made prior to Decem- ber 6 , 1918 , conveying to an exhibitor the right to the use of a film on or after May 1 , 1919 , the liability for the whole or such portion of the ...
... transferring of liability in such cases , see article 7 . TAX IN LIEU OF OTHER TAXES . 1526. Art . 9. Tax in lieu of other taxes . - While the new tax is in lieu of taxes imposed by the Act of October 3 , 1917 , this merely means that ...