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.
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
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
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
More important it is likely that the domestic depletion allowance will be abolished or substantially reduced.
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
