a tax concession allowable in industries where a company's business operations diminish the value of its property assets, as in oil-drilling, etc.
| 单词 | θ220026 |
| 释义 | society > trade and finance > fees and taxes > impost, due, or tax > tax > taxation > [noun] > tax allowances and deductions > types of (4) depletion allowance1932 a tax concession allowable in industries where a company's business operations diminish the value of its property assets, as in oil-drilling, etc. write-off1940 Finance and Accounting. Chiefly U.S. A permitted reduction in one's taxable income equivalent to an allowed expense, depreciation in the value of… douceur1979 spec. A United Kingdom tax benefit given as an inducement to a person to sell something of historical value (esp. a work of art) by private treaty… MIRAS1983 mortgage interest relief at source, a scheme in the United Kingdom whereby the tax relief on mortgage repayments is paid direct to the lender by the… |
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