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.
While industry lobbyists still protested the impending death of the depletion allowance, some individual oil executives were pleased to fend off a much harder blow.
From Time Magazine Archive
Oilmen would finally lose their long-cherished depletion allowance.
From Time Magazine Archive
The prime tar get of the critics is the oil depletion allowance.
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
President Nixon has proposed that Congress repeal the U.S. depletion allowance for oil wells located abroad.
From Time Magazine Archive
