rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Determining economic interest in natural resources
  name:
    name part: Pasewark, William Robert.
    role:
      role term: creator
  name:
    name part: Crumbley, D. Larry
    role:
      role term: degree committee member.
  name:
    name part: Grossman, Steven D.
    role:
      role term: degree supervisor.
  name:
    name part: Kilpatrick, Bob
    role:
      role term: degree committee member.
  name:
    name part: Smith, Laurel
    role:
      role term: degree committee member.
  name:
    name part: Wiggins, Casper
    role:
      role term: degree committee member.
  name:
    name part: Texas A & M University
    role:
      role term: degree granting institution.
  type of resource: text
  genre: bibliography
  genre: Academic theses
  origin info:
    place:
      place term: xx
    date issued: 1986
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: print
    extent: x, 158 leaves : illustrations ; 29 cm
  abstract: The term "economic interest" represents an investment in a natural resource that will eventually produce a return on capital. The possession of economic interest is necessary for the taxpayer to (1) claim the depletion deduction and (2) recognize a capital gain rather than ordinary income on the sale of natural resources. This study used a population of decisions made by the Tax Court and the Internal Revenue Service in macro-case analysis in an attempt to identify and estimate the importance of the factors used by the judicial courts and the IRS to determine the existence of economic interest and how these factors differ in a variety of circumstances (different decision makers, different types of transactions, and different natural resources). Decision criteria of the models were also compared to the regulations. The Tax Court and the IRS were found to use different decision criteria to determine economic interest. The Tax Court decisions used only one of the variables contained in the regulations and made no distinction between depletion and capital gains transactions in the determination of the existence of economic interest. The rulings made by the IRS used another variable in addition to the two contained in the regulations and tended to alter decision criteria in depletion transactions compared to capital gains transactions. Only limited evidence supported differences in decision criteria for economic interest decisions between various natural resources.
  note: Typescript (photocopy).
  note: Vita.
  note: Ph. D. in Accounting Texas A & M University 1986
  note: Includes bibliographical references (leaves 128-130).
  subject:
    geographic code: n-us---
  subject:
    topic: Natural resources
    topic: Taxation
    topic: Law and legislation
    geographic: United States
  subject:
    topic: Major accounting
  identifier: http://proxy.library.tamu.edu/login
  identifier: https://hdl.handle.net/1969.1/DISSERTATIONS-22711
  related item:
    location:
      url: http://proxy.library.tamu.edu/login
  related item:
    location:
      url: https://hdl.handle.net/1969.1/DISSERTATIONS-22711
  record info:
    record content source: TXA
    record creation date: 880524
    record change date: 20220104090809.0
    record identifier: in00000016329
    language of cataloging:
      language term: eng