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.
The prime tar get of the critics is the oil depletion allowance.
From Time Magazine Archive
For their part, oilmen maintain that they would not have risked North Slope drilling without the depletion allowance, and claim that the allowance is necessary to spur further development.
From Time Magazine Archive
Most of these deductions come from domestic oil production, but oilmen can also use the depletion allowance to reduce U.S. taxes on their foreign income.
From Time Magazine Archive
Oilmen would finally lose their long-cherished depletion allowance.
From Time Magazine Archive
Like the depletion allowance, the quota system is also justified as a means of encouraging exploration for more domestic reserves.
From Time Magazine Archive
