depletion allowance
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Oilmen would finally lose their long-cherished depletion allowance.
From Time Magazine Archive
More important it is likely that the domestic depletion allowance will be abolished or substantially reduced.
From Time Magazine Archive
The depletion allowance, for example, is more an incentive for oilmen to pump from existing wells than an inducement to explore for new sources of petroleum.
From Time Magazine Archive
The tax-reform drive in Congress threatens to reduce the 271% depletion allowance enjoyed by wildcatters, along with other drillers.
From Time Magazine Archive
One reason is the depletion allowance, which basically permits oil companies to deduct from their tax bills 22% of the value of the oil that their wells produce.
From Time Magazine Archive
