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
Oil companies grappled with new uncertainties about their future as the House Ways and Means Committee approved a tax bill that fairly soon is likely to wipe out the celebrated 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
Nothing is more sacred to many Congressmen than the depletion allowance.
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
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
