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TeachMeFinance.com - explain Excess statutory depletion Excess statutory depletion The term 'Excess statutory depletion' as it applies to the area of energy can be defined as ' The excess of estimated statutory depletion allowable as an income tax deduction over the amount of cost depletion otherwise allowable as a tax deduction, determined on a total enterprise basis'. Previous 5 Terms: Excess capacity Excess Charges Excess land Excess land Excess Rain Next 5 Terms: Excessive Heat Excessive Heat Outlook Excessive Heat Warning Excessive Heat Watch Exchange agreement About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.