DPGR

(redirected from Domestic Production Gross Receipts)
AcronymDefinition
DPGRDomestic Production Gross Receipts
DPGRDigital Photography Greece
References in periodicals archive ?
In AM 2014-008 (November 21, 2014), the IRS considered whether a taxpayer derives domestic production gross receipts from the disposition of computer software when the taxpayer allows its customers to download computer software (the "app") free of charge, and the app allows customers to access the taxpayer's online fee-based services (online banking services, under the facts of the memorandum).
According to PricewaterhouseCoopers, pulling the W-2 wage component from cost of goods sold and from other costs properly allocable to domestic production gross receipts will be time-consuming.
Step 2--Compute "Qualified Production Activities Income," which is your Domestic Production Gross Receipts determined in Step 1 minus:
In general, a taxpayer's QPAI equals the excess of its domestic production gross receipts (DPGR) over (1) the sum of the cost of goods sold allocable to such receipts and (2) other expenses, losses, or deductions that are properly allocable to such receipts.
* Once a taxpayer identifies qualified production activities, it calculates domestic production gross receipts (DPGR) and allocates them between qualified and nonqualified production activities.
Gross receipts attributable to land sales generally cannot be treated as domestic production gross receipts from real property construction.
A simpler compliance method might be beneficial, she said, especially where the shrink-back method must be applied to determine whether receipts for an item qualify as domestic production gross receipts (DPGR).
In general, a taxpayer's QPAI equals the excess of its domestic production gross receipts (DPGR) over the sum of the cost of goods sold allocable to those receipts and other expenses, losses, or deductions that are properly allocable to those receipts.
199(b)(2), for tax years beginning after May 17, 2006, only wages allocable to domestic production gross receipts are taken into account in determining the 50% of W-2 wages limitation amount.
The proposed regulations generally provide that gross receipts derived from the performance of services do not qualify as domestic production gross receipts (DPGR).
QPAI is an amount equal to the excess, if any, of the taxpayer's domestic production gross receipts for the taxable year, under IRC section 199(c)(1), over the sum of:
QPAI equals domestic production gross receipts (DPGRs) reduced by cost of goods sold and other deductions, expenses, and losses allocable to the receipts (Sec.
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