Tag Archives: Depletion

2019 Social Security and Medicare Trustees’ Reports Issued; Reports Sound Alarm (Again) as Depletion of Trust Fund is Imminent

Posted on May 2, 2019 by lawhukukinet

Each year, the board of trustees of the Social Security Trust Fund and Medicare Trust Fund release reports to Congress providing an estimated projected financial outlook for the programs.  Last week both reports were released.  The 79th annual Social Security … Continue reading →

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New Policy Regarding Depletion Limitations on Certificates

Posted on January 9, 2019 by lawhukukinet

On December 28, 2018, the State Engineer issued a new policy regarding depletion limitations on certificates. The policy reiterates that when a new certificate is issued for a newly appropriated water right or for a change application, the certificate sets … Continue reading →

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A Texas Oil and Gas Attorney Reviews Oil and Gas Depletion Allowances and the Effect of Obama's Proposed Removal of Percentage Depletion from the US Tax Code

Posted on September 26, 2011 by lawhukukinet

Texas oil and gas attorneys are watching with trepidation as Obama seeks to cripple domestic mineral production with his ill-conceived policies. In our previous post, we discussed the Obama administration's push to eliminate some of the tax subsidies that oil … Continue reading →

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