The production activities deduction is available based only on income related to U.S. production activities (or taxable

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The production activities deduction is available based only on income related to U.S. production activities (or taxable income, if a smaller amount). Why did Congress restrict the calculation of the deduction only to income from domestic production?

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Federal Taxation 2017 Individuals

ISBN: 9780134420868

30th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Question Posted: Apr 02, 2018 06:22 AM

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The production activities deduction is available based only on income related to U.S. production activities (or taxable

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To provide an incentive for US corporations to produce good...View the full answer

Federal Taxation 2017 Individuals

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