Qualified Production Activities Income is a class of income which is entitled to favored tax treatment under Section 199 of the United States Internal Revenue Code.
Read more about Qualified Production Activities Income: History, Mechanics, Effect
Famous quotes containing the words qualified, production, activities and/or income:
“It has been from Age to Age an Affectation to love the Pleasure of Solitude, among those who cannot possibly be supposed qualified for passing Life in that Manner.”
—Richard Steele (1672–1729)
“... if the production of any commodity necessitates the sacrifice of human life, society should do without that commodity, but it can not do without that life.”
—Emma Goldman (1869–1940)
“When mundane, lowly activities are at stake, too much insight is detrimental—far-sightedness errs in immediate concerns.”
—Franz Grillparzer (1791–1872)
“Work though we must, our jobs do not automatically determine our priorities concerning our marriages, our children, our social life, or even our health. It’s still life, constrained as it may be by limited disposable income or leisure time, and we’re still responsible for making it something we enjoy or endure.”
—Melinda M. Marshall (20th century)