 | 1939 - 1522 էջ
...mines, and potash mines or deposits, 15 per centum, and in the case of sulphur mines or deposits, 23 per centum, of the gross income from the property...Incurred by the taxpayer In respect of the property. (b) Discovery value. Section 114 (b) (2) (relating to discovery value) is amended by Inserting after... | |
 | United States - 1953 - 1744 էջ
...limestone, chemical grade limestone, and potash, 15 per centum, and (Iv) in the case of sulfur, 23 r by the decedent alone or in conjunction with any...relinquished any such power in contemplation of his 23 (m) be less than it would be if computed without reference to this paragraph. (B) Definition of... | |
 | United States. Supreme Court - 1941 - 844 էջ
...centum, in the case of metal mines, 15 per centum, and, in the case of sulphur mines or deposits, 23 per centum, of the gross income from the property...(computed without allowance for depletion) from the 55 Opinion of the Court. Act of 1934 (48 Stat. 680) allowing percentage depletion. But petitioner did... | |
 | United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1941 - 854 էջ
...centum, in the case of metal mines, 15 per centum, and, in the case of sulphur mines or deposits, 23 per centum, of the gross income from the property...(computed without allowance for depletion) from the 55 Opinion of the Court. Act of 1934 (48 Stat. 680) allowing percentage depletion. But petitioner did... | |
 | United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1941 - 840 էջ
...centum, in the case of metal mines, 15 per centum, and, in the case of sulphur mines or deposits, 23 per centum, of the gross income from the property...(computed without allowance for depletion) from the 55 Opinion of the Court. Act of 1934 (48 Stat. 680) allowing percentage depletion. But petitioner did... | |
 | United States. Board of Tax Appeals - 1941 - 1356 էջ
...Income from the property during the taxable year, excluding from such gross income nn amount e<]iial to any rents or royalties paid or incurred by the...no case shall the depletion allowance under section 23 (m) be less than It would be If computed without reference to this paragraph. tion and the entire... | |
 | United States - 1964 - 1098 էջ
...section 611 shall be the percentage, specified In subsection (b) , of the gross income from the property excluding from such gross income an amount equal to...of the property. Such allowance shall not exceed 50 percent of the taxpayer's taxable income from the property (computed without allowance for depletion).... | |
 | United States - 1965 - 1110 էջ
...section 611 shall be the percentage, specified in subsection (b) , of the gross Income from the property excluding from such gross income an amount equal to...of the property. Such allowance shall not exceed 50 percent of the taxpayer's taxable income from the property (computed without allowance for depletion).... | |
 | United States. Congress. Senate. Committee on Finance - 1942 - 1092 էջ
...from the property during the taxable year, excluding from such gross income an amount equal to nny rents or royalties paid or incurred by the taxpayer...no case shall the depletion allowance under section 23 (m) be less than it would be if computed without reference to this paragraph." (b) DISCOVERY DEPLETION... | |
| |
In the case of oil and gas wells the allowance for depletion under section 23 (m) shall be 27 '/2 per centum of the gross Income from the property during the taxable year, excluding from such gross Income an amount equal to any rents or royalties paid... 
