Allowing a domestic production activities deduction for certain manufacturing income can be justified:
A)As mitigating the effect of the annual accounting period concept.
B)As promoting administrative feasibility.
C)By economic considerations.
D)Based on the wherewithal to pay concept.
E)None of the above.

Question

Quizplus · Accepted Answer

Allowing a domestic production activities deduction for certain manufacturing income can be justified by economic considerations, such as promoting domestic manufacturing, creating jobs, and encouraging investment in the manufacturing sector. The other options (mitigating the effect of the annual accounting period concept, promoting administrative feasibility, and based on the wherewithal to pay concept) are not directly related to the justification for this deduction.

Allowing a Domestic Production Activities Deduction for Certain Manufacturing Income