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MPGE

   Also found in: Wikipedia 0.02 sec.
AcronymDefinition
MPGEManufactured, Produced, Grown, or Extracted


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Section 199 broadly defines MPGE activities as those relating to installing, developing, improving and creating qualified production property.
If MPGE activities occurred within the partnership, and the products from such activities were simply distributed to partners who then sold the products, no taxpayer would have eligible receipts and thus no taxpayer would obtain the benefit of section 199.
Any lease, rental, license, sale, exchange or other disposition of (i) QPP that was MPGE by the taxpayer in whole or in significant part within the U.
 
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