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.
One reason is that oil companies have less money to spend: Congress has eliminated most of their depletion allowance, and their profits have dropped.
From Time Magazine Archive
The bill calls for a repeal of the 7% business investment tax credit, a reduction from 27�% to 22% of the oil depletion allowance, and increased taxes on high-bracket capital gains.
From Time Magazine Archive
More important it is likely that the domestic depletion allowance will be abolished or substantially reduced.
From Time Magazine Archive
In an unusual move for a Texan, he has proposed the elimination of the oil depletion allowance for the major oil producers.
From Time Magazine Archive
The prime tar get of the critics is the oil depletion allowance.
From Time Magazine Archive
