Qualified production activities deduction - who gets it

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • jwmino
    Junior Member
    • Jan 2016
    • 1
    #1

    Qualified production activities deduction - who gets it

    This deduction is claimed by the taxpayer who has the benefits and burdens of ownership of the property. If MORE than one company works on a product, which of the four companies gets the deduction?
    Tags: None
    • kathyc2
      Senior Member
      • Feb 2015
      • 1947
      #2
      Originally posted by jwmino
      This deduction is claimed by the taxpayer who has the benefits and burdens of ownership of the property. If MORE than one company works on a product, which of the four companies gets the deduction?
      That's not how I would describe QPAD. Available for those in the manufacture, production, growth or extraction of PP, or construction/engineering of real property, both of which need to take place in US.

        Comment

        Previous template Next

        Disclaimer

        Collapse

        This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

        Working...