Meaning Of The Word Depletion allowance

Real Dictionary

What's the definition of Depletion allowance? Find Depletion allowance meanings, definitions and more at the Real Dictionary online.

Depletion allowance Meaning

Depletion allowance Definition
Depletion allowance Definition

What's The Definition Of Depletion allowance?

depletion allowance in American English
noun: a tax reduction allowed on income from exhaustible resources, as oil or timber

depletion allowance in British English
noun: a tax allowance granted in certain industries, such as the oil and gas industries, to compensate for the depletion of the oil, gas, etc owned by the company

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