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Domestic Production Activities Deduction: Evolving Rules

CCH Editorial Staff

This deduction first became available in 2005 and has since been the focus of nonstop issue spotting, IRS guidance, and planning advice. The provisions for determining the deduction are complex, but the benefits are significant. The deduction is one of the most important new business tax breaks to come about in the past five years. This course recaps the cutting-edge developments surrounding this significant business tax benefit.

Topics covered include:

  • Basics of the manufacturing deduction
  • Domestic production gross receipts (DPGR)
  • Types of qualified production property
  • Activities, taxpayers, and sites constituting qualified production property
  • Other sources of DPGR
  • Calculating DPGR
  • Apportionment
  • Allocation between domestic and foreign production
  • Application to passthrough entities
Course Details
Price:  $24.00
Field of Study:  Taxes
Prerequisites:  Basic understanding of manufacturing deduction
Level:  Update
CTEC course number:  1075-CE-8587
Course was last updated on:  11/13/06
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Library:

Technical Requirements:
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
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Credit Available For: Units
CPE 2 CPE
QAS 2 CPE
Enrolled Agent (Accepted by the IRS) 2 CPE
CTEC Federal 2 CE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

CCH has been approved by the California Tax Education Council to offer courses that provide federal and state credit towards the annual "continuing education" requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

User Reviews
Reviewer: Laurie V. submitted on 04/27/2009
online, easy to download materials and read during "down time" in order to complete course.
Reviewer: Dean K. submitted on 12/18/2008
Concise, not a lot of excess information
Reviewer: Shane V. submitted on 12/15/2008
Good update of Sec. 199
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