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Old 03-15-2008, 02:16 PM
Paul Thomas, CPA
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Default Re: Qualified production activity?


<tomchand[at]gwi.net> wrote
- quote -

> Community newspaper reports and writes articles, sells ads, designs
> layout of paper, sells subscriptions and pays for mailing. Does
> EVERYTHING except actually print the thing. A separate and unrelated
> contrator prints newspaper in the US.
> Does the entity which writes and designs the newspaper qualify for the
> Qualified Domestic Actvities deuction (if not as the producer - as,
> say, an architect would?)




No.



--
Paul A. Thomas, CPA
Athens, Georgia

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
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Old 03-15-2008, 01:17 PM
tomchand@gwi.net
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Posts: n/a
Default Qualified production activity?


Community newspaper reports and writes articles, sells ads, designs
layout of paper, sells subscriptions and pays for mailing. Does
EVERYTHING except actually print the thing. A separate and unrelated
contrator prints newspaper in the US.

Does the entity which writes and designs the newspaper qualify for the
Qualified Domestic Actvities deuction (if not as the producer - as,
say, an architect would?)

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 

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