Decisions And Opinions of the Railroad And Warehouse Commission of the State of
Decisions And Opinions of the Railroad And Warehouse Commission of the State of
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To quickly assess the difficulty of the text, read a short excerpt:
CLASSIFICATION OF TAXES.
Turning now to the second question above propounded, namely: how "taxes" shall be classed and treated in the report, I will say, I have been on this subject more slow in arriving at a conclusion, and it is perhaps fair I should add, I am less confident in that conclusion than is the case with the other question as to the division of ex- penses.
The question is, whether or not taxes shall be transferred from the place where they now appear at page 31, under the head of "...Deductions from Income, " to the head of "Operating Expenses, " found on page 45, on which latter page it is proposed taxes shall make a fifth item, under the sub-heading "Recapitulation of Ex- penses. " If this is done, operating expenses complete would then appear under five items as follows: 1. "Maintenance of Way and Structures. " 2. "Maintenance of Equipment. " 3. "Conducting Transportation. '' 4. "General Expenses. " 5. "Taxes. " If the word "expenses" is to be taken in a narrow sense, taxes would hardly be included.
What to read after Decisions And Opinions of the Railroad And Warehouse Commission of the State of?
You can find similar books in the "Read Also" column, or choose other free books by Illinois Railroad And Warehouse Commission to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
CLASSIFICATION OF TAXES.
Turning now to the second question above propounded, namely: how "taxes" shall be classed and treated in the report, I will say, I have been on this subject more slow in arriving at a conclusion, and it is perhaps fair I should add, I am less confident in that conclusion than is the case with the other question as to the division of ex- penses.
The question is, whether or not taxes shall be transferred from the place where they now appear at page 31, under the head of "...Deductions from Income, " to the head of "Operating Expenses, " found on page 45, on which latter page it is proposed taxes shall make a fifth item, under the sub-heading "Recapitulation of Ex- penses. " If this is done, operating expenses complete would then appear under five items as follows: 1. "Maintenance of Way and Structures. " 2. "Maintenance of Equipment. " 3. "Conducting Transportation. '' 4. "General Expenses. " 5. "Taxes. " If the word "expenses" is to be taken in a narrow sense, taxes would hardly be included.
What to read after Decisions And Opinions of the Railroad And Warehouse Commission of the State of?
You can find similar books in the "Read Also" column, or choose other free books by Illinois Railroad And Warehouse Commission to read onlineMoreLess
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