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.
Nothing is more sacred to many Congressmen than the depletion allowance.
From Time Magazine Archive
Oilmen would finally lose their long-cherished 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
Even so, Congress has not been persuaded that exploration would be discouraged by a reduction in the depletion allowance.
From Time Magazine Archive
The companies, however, generate such huge tax write-offs from other sources�mainly the foreign-tax credit �that they rarely need to use the foreign depletion allowance.
From Time Magazine Archive
