percentage depletion

percentage depletion. Oil & gas. A method of allowing a taxpayer who owns an economic interest in a producing oil or gas well to deduct a specified percentage of the gross income from the well in lieu of depleting the actual basis. 23 USCA § 611. Cf. COST DEPLETION.

---

词条贡献者

资深译员Michael，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与商业地产租赁有关的法律文件。