Guidance on New Domestic Production Deduction

dc.contributor.author Harl, Neil
dc.contributor.department Iowa State University Digital Repository
dc.date 2018-02-19T01:55:50.000
dc.date.accessioned 2020-06-29T22:54:23Z
dc.date.available 2020-06-29T22:54:23Z
dc.date.embargo 2017-11-13
dc.date.issued 2005-02-25
dc.description.abstract <p>The driving force behind the bill that ultimately became the American Jobs Creation Act of 2004<sup>1 </sup>was pressure from the World Trade Organization to repeal the Extra-Territorial Income Exclusion Act of 2000.<sup>2 </sup>That Act had been branded as “inconsistent with international trade agreements” by WTO in early 2002.<sup>3 </sup>The resultant legislation contained far more than repeal of the 2000 Act, which the legislation accomplished,<sup>4 </sup>and included a successor to the repealed legislation which has virtually nothing to do with international trade.<sup>5 </sup>That provision, a deduction for “domestic production activities,” is available to taxpayers with gross receipts derived from property which was “manufactured, produced, grown, or extracted” in the United States.<sup>6</sup></p>
dc.identifier archive/lib.dr.iastate.edu/aglawdigest/vol16/iss4/1/
dc.identifier.articleid 1766
dc.identifier.contextkey 11034317
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath aglawdigest/vol16/iss4/1
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/3243
dc.source.bitstream archive/lib.dr.iastate.edu/aglawdigest/vol16/iss4/1/AgLawDigest_v16n04_01.pdf|||Fri Jan 14 17:50:10 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Agriculture Law
dc.subject.disciplines Public Economics
dc.title Guidance on New Domestic Production Deduction
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isJournalIssueOfPublication 47495283-2f36-4bc4-a689-1b34722e32e7
relation.isOrgUnitOfPublication d2bcee6c-7cba-4fa7-bd11-543354ce7b1b
File
Original bundle
Now showing 1 - 1 of 1
Name:
AgLawDigest_v16n04_01.pdf
Size:
92.84 KB
Format:
Adobe Portable Document Format
Description:
Collections