Stacey, an advertising executive, pays a contractor to build a lodge on property she owns in Colorado. If Stacey sells the lodge, the proceeds (less the cost of the land) will be DPGR.

Question

Quizplus · Accepted Answer

DPGR (Domestic Production Gross Receipts) refers to revenue earned through qualifying domestic production activities, such as manufacturing, construction, and engineering. While the construction of the lodge may be considered a qualifying activity, the sale of the lodge would not qualify as DPGR as it is not ongoing production.

Stacey, an Advertising Executive, Pays a Contractor to Build a Lodge