Tag: WE

  • Westlaw

    Westlaw means:a computerized legal data bank available from West Publishing Company since 1975. It is solely a document retrieval system and does not interpret law….

  • Wellhead Value

    Wellhead Value means:the assessed value of oil and gas for severance and Ad Valorem tax purposes, normally at the well by an arm's-length transaction between the producer and the processor….

  • Wear and Tear

    Wear and Tear means:the decline in value or physical deterioration of property as the ordinary result of use, weathering, and age. Income tax systems usually allow deductions in calculating the profits of a business using buildings, plant and machinery which are subject to wear and tear in the c…