A U.S.-based corporation produces cereal in Niagara Falls,NY,and in Niagara Falls,Ontario.The corporation will be allowed the qualified production activities deduction based on all of its production.

Name: A U.S.-based corporation produces cereal in Niagara Falls,NY,and in Niagara Falls,Ontario.The corporation will be allowed the qualified production activities deduction based on all of its production.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Only the income from the product produced in the U.S.plant will qualify.

A US-Based Corporation Produces Cereal in Niagara Falls,NY,and in Niagara Falls,Ontario