depletion allowance

English - Turkish

Definition of depletion allowance in English Turkish dictionary

Related Terms

depletion allowances

(Ticaret) tükenme karşılıkları

depletion allowances

(Ticaret) tükenme indirimi

English - English

Definition of depletion allowance in English English dictionary

In tax law, the deductions from gross income allowed investors in exhaustible commodities (such as minerals, oil, or gas) for the depletion of the deposits. The depletion allowance is intended as an incentive to stimulate investment in this high-risk industry, though critics argue that mineral deposits are valuable enough to justify high levels of investment even without tax incentives. See also depreciation

Hyphenation

de·ple·tion al·low·ance

Turkish pronunciation

dîplişın ılauıns

Pronunciation

/dəˈplēsʜən əˈlouəns/ /dɪˈpliːʃən əˈlaʊəns/