 |  Principles of Taxation for Business and Investment Planning, 5/e Sally M Jones,
University of Virginia
The Measurement of Taxable Income Property Acquisitions and Cost Recovery Deductions
Internet Links Chapter 6The following links are related to Chapter 6 material.
Inventory
(http://www.irs.ustreas.gov/prod/forms_pubs/pubs/p53806.htm)
A discussion of inventory by the IRS. |
| | | Depreciation Primer
(http://www.irs.ustreas.gov/plain/tax_edu/teletax/tc705.html)
The IRS provides a short primer on depreciation with suggestions about helpful IRS publications. |
| | | Percentage Depletion
(http://www4.law.cornell.edu/uscode/26/611.html)
Here is the code section 611 for percentage depletion of natural resources, such as petroleum, coal, minerals, and timber. |
| | | Covenants Not to Compete
(http://www.state.hi.us/tax/tir/tir95-01.htm)
Hawaii ruled on the income from noncompete agreements is subject to the Hawaiian business excise tax. |
| | | Intangible Drilling Costs
(http://www.irs.ustreas.gov/plain/forms_pubs/pubs/p5351103.htm)
Here is a case discussion by the IRS of intangible drilling costs. |
| | | Asset Basis
(http://www.irs.gov/prod/tax_edu/teletax/tc700.html)
A nice IRS primer for understanding the tax basis of assets. |
| | | Business Startup Expenses
(http://www.lycos.com/business/cch/guidebook.html?docNumber=P07_2620)
This article describes tax issues in the startup of a business. |
| | | Selling a Business
(http://www.lycos.com/business/cch/guidebook.html?docNumber=P11_2452)
A nice primer on tax issues related to selling a business. |
| | | Selling Timber
(http://www.wvu.edu/%7Eexten/depts/af/ahc/capgain.htm)
This article discusses tax aspects of selling timber from private woodlands. |
| | | Oil Wells
(http://www.findoil.com/taxadvantages.htm)
This oil and gas exploration company wants to tell you about the tax advantages of investing in oil wells. |
| | | Engineering Economics
(http://www.public.iastate.edu/%7Einde304/crssurpt/topics.htm)
Engineers are interested in the after-tax present value of investments in plants and equipment. This site contains notes on engineering economics from Iowa State University. |
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2002 McGraw-Hill Higher Education