Proposed Legislation for Depletion Allowance in Fluorspar Production, 1945-08-27 - 1945-08-27

Item — Box: 5, Folder: 23

Identifier: CAC_CC_047_1_5_23_0002

Staff Only

Proposed Legislation for Depletion Allowance in Fluorspar Production, 1945-08-27 - 1945-08-27

Mr. Schwabe received a letter from Mr. Davis suggesting a permanent fifteen percent depletion allowance in income tax rates for those producing Fluorspar. Schwabe forwarded the suggestion to his secretary in Washington who is working with the Legislative Counsel to prepare a proposed bill to introduce in Congress. The Legislative Counsel is currently preparing the bill and it will be ready for Schwabe to introduce after Congress reconvenes. Schwabe suggests that Davis or others interested in the production of Fluorspar appear before the committee to offer evidence in support of the proposed measure. Schwabe will keep Davis updated on the progress of the bill.

Dates

1945-08-27 - 1945-08-27

Language of Materials

English

Access Restriction

This series is stored off-site and requires prior notice to access. If you wish to view these materials, please contact the Congressional Archives staff to arrange an appointment.