Does the following activity qualify for DPAD?
Client is in the business of selling refurbished telecommunications equipment. They buy used equipment, refurbish it (some in house, some by subs) and then resell it. TTB says that domestic production gross receipts are reciepts from the sale of QPP manufactured or produced within the US. Is this considered production of property for these purposes?
Client is in the business of selling refurbished telecommunications equipment. They buy used equipment, refurbish it (some in house, some by subs) and then resell it. TTB says that domestic production gross receipts are reciepts from the sale of QPP manufactured or produced within the US. Is this considered production of property for these purposes?
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