Personally, I do not use compound depth in threading, one, because I use tools with a flat at the point, and also because I fit to a gage, or I use a thread mike for fit, which, I think makes for the best possible fit. On the opposite of accurate, years ago, I threaded a lot of square shafts for tillage discs, it was 1 1/8 – 7, and the threads were cut in just five passes; an initial nearly half depth cut was taken, then with the tool set at the same depth, the number on the dial was skipped and the half nuts closed on a line, which took its cut behind the first, the subsequent cuts were taken on a numbered line so that they were only cutting at half the apparent depth you would normally see with the conventional method; I was told that this method was done in the oilfields back in the day. It may not be pretty, but it was quick, and oh! The ODs were turned round and undersize to minimize burrs.