英语词汇“depletion allowance”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

depletion allowance

noun North American

A tax concession allowable to a company whose normal business activities (in particular oil extraction) reduce the value of its own assets.This is especially true of the U.S. fossil-fuel industry, which includes a depletion allowance - a tax break based on the eventual exhaustion of an oil field - for oil producers....

The association suggested an amendment to the Income Tax Act (in aid of industry) to enable people engaged in quarrying to qualify for the initial allowances and the depletion allowance.
Why did the depletion allowance survive for so long in a system of representative government?

单词	depletion allowance
释义	depletion allowance noun North American A tax concession allowable to a company whose normal business activities (in particular oil extraction) reduce the value of its own assets.This is especially true of the U.S. fossil-fuel industry, which includes a depletion allowance - a tax break based on the eventual exhaustion of an oil field - for oil producers.... The association suggested an amendment to the Income Tax Act (in aid of industry) to enable people engaged in quarrying to qualify for the initial allowances and the depletion allowance. Why did the depletion allowance survive for so long in a system of representative government?
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