26 U.S.C. § 612
Basis for cost depletion
Except as otherwise provided in this subchapter, the basis on which depletion is to be allowed in respect of any property shall be the adjusted basis provided in section 1011 for the purpose of determining the gain upon the sale or other disposition of such property.
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Cited by 9
- 26 CFR § 1.1254-1 — Treatment of gain from disposition of natural resource recapture property.
- 26 CFR § 1.611-1 — Allowance of deduction for depletion.
- 26 CFR § 1.611-2 — Rules applicable to mines, oil and gas wells, and other natural deposits.
- 26 CFR § 1.611-3 — Rules applicable to timber.
- 26 CFR § 1.612-3 — Depletion; treatment of bonus and advanced royalty.
- 26 CFR § 1.613-1 — Percentage depletion; general rule.
- 26 CFR § 1.631-2 — Gain or loss upon the disposal of timber under cutting contract.
- 26 CFR § 1.631-3 — Gain or loss upon the disposal of coal or domestic iron ore with a retained economic interest.
- 26 CFR § 301.9100-8 — Time and manner of making certain elections under the Technical and Miscellaneous Revenue Act of 1988.
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