Finance & markets · 27/08/2015Updated: 10/17/2026 · 1 min read
IRS Proposes New Regulations for Domestic Production Activities Deduction and W-2 Wage Limitation
Summary
The IRS has proposed new regulations to clarify the domestic production activities deduction under section 199 of the Internal Revenue Code, including guidance on allocating W-2 wages in short taxable years and acquisitions/dispositions of trade or businesses, and activities in Puerto Rico.
Original source language: Federal Register — Department of the TreasuryOpen original release →