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Computer Software Under Section 199(c)(5)(B)

tax-irs · IRS · Rule · Published 2007-03-20 · Effective 2007-03-20 · 72 FR 12969

Document

Document number
07-1354
Federal Register citation
72 FR 12969
CFR reference
26 CFR 1
Type
Rule
Action
Final and temporary regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
2007-03-20
Effective date
2007-03-20
Treasury docket
TD 9317

Abstract

This document contains final regulations concerning the application of section 199 of the Internal Revenue Code, which provides a deduction for income attributable to domestic production activities. The final regulations are necessary to provide guidance regarding certain transactions involving online software and to clarify the rules regarding the application of section 199 to certain cooperatives. The regulations will affect taxpayers engaged in certain domestic production activities involving computer software and taxpayers engaged in certain domestic production activities in cooperative form.

Source

Authoritative
Federal Register document
Machine
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