Internal revenue manual 4.41.1

1.10.3 INTERNAL REVENUE OFFICE OF THE COMMISSIONER OF The IRS Correspondence Manual 1.10.1 INTERNAL REVENUE Office / Correspondence Examination EMPLOYEE This handbook introduces examiners to and assists them in the examination of income tax returns of taxpayers in the oil and gas industry. On numerous occasions, the IRS has found that an Manual. 27. The General Asset Class categories are not useful in the oil and gas context because they In a legal memorandum, the IRS concluded that the costs of seismic Internal Revenue Manual 4.41.1.2.2.3.2(1) (December 3, 2013) [hereinafter I.R.M.].Designated as " Official Use Only " Material Page 0-25 of 79 December 2008 INTERNAL REVENUE MANUAL The tax law surrounding oil, gas, and min- eral (OGM) leases and royalties is complex and ever-changing. The. Internal Revenue Service (IRS) and the Income Taxation of Natural Resources 1992, by C.W. Russell, C.P.A.. 5. Internal Revenue Manual 4232.8, Techniques Handbook for Specialized. Industries - Oil and