 | Joint Committee on Taxation - Business & Economics - 2007 - 856 pages
...permits a taxpayer to elect to deduct certain expenditures incurred for the purpose of ascertaining the existence, location, extent, or quality of any deposit of ore or other mineral (but not oil and gas). These deductions are subject to recapture if the mine with respect to which... | |
 | Administrative law - 1960 - 630 pages
...expenditures. This section shall not apply to any expenditure paid or incurred for the purpose of ascertaining the existence, location, extent, or quality of any deposit of ore or other mineral (including oil and gas). (e) Cross reference. For adjustments to basis of property for amounts allowed... | |
 | Administrative law - 1977 - 552 pages
...such leases to taxpayer B provided B will pay all of the exploration expenditures for ascertaining the existence, location, extent, or quality of any deposit of ore or other mineral which will be incurred before the beginning of the development stage. B shall treat three-fourths of... | |
 | Administrative law - 1973 - 356 pages
...the taxpayer, expenditures paid or incurred during the taxable year for the purpose of ascertaining the existence, location, extent, or quality of any deposit of ore or other mineral in the United States or on the Outer Continental Shelf (within the meaning of sec. 2 of the Outer Continental... | |
 | Administrative law - 1966 - 296 pages
...such leases to taxpayer B provided B will pay all of the exploration expenditures for ascertaining the existence, location, extent, or quality of any deposit of ore or other mineral which will be incurred before the beginning of the development stage. B shall treat threefourths of... | |
 | Administrative law - 1969 - 720 pages
...expenditures. This section shall not apply to any expenditure paid or incurred for the purpose of ascertaining the existence, location, extent, or quality of any deposit of ore or other mineral (including oil and gas). (e) Cross reference. For adjustments to basis of property for amounts allowed... | |
 | Administrative law - 1970 - 332 pages
...such leases to taxpayer B provided B will pay all of the exploration expenditures for ascertaining the existence, location, extent, or quality of any deposit of ore or other mineral which will be incurred before the beginning of the development stage. B shall treat threefourths of... | |
 | Business enterprises - 1959 - 136 pages
...EXPLORATION EXPENDITURES. You may deduct expenses paid or incurred during the taxable year for ascertaining the existence, location, extent or quality of any deposit of ore or other mineral (other than oil or gas) in an amount not exceeding $100,000 paid or incurred before the beginning of... | |
 | Administrative law - 1971 - 744 pages
...expenditures. This section shall not apply to any expenditure paid or incurred for the purpose of ascertaining the existence, location, extent, or quality of any deposit of ore or other mineral (1ncluding oil and gas). (e) Cross reference. For adjustments to basis of property for amounts allowed... | |
 | Administrative law - 1966 - 664 pages
...expenditures. This section shall not apply to any expenditure paid or incurred for the purpose of ascertaining the existence, location, extent, or quality of any deposit of ore or other mineral (including oil and gas). (e) Cross reference. For adjustments to basis of property for amounts allowed... | |
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GENERAL.—In the case of expenditures paid or incurred during the taxable year for the purpose of ascertaining the existence, location, extent, or quality of any deposit of ore or other mineral... 
