Sec. 13305. Repeal of deduction for income attributable to domestic production activities
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Section 199 is amended by adding at the end the following new subsection: In the case of a taxpayer other than a C corporation, this section shall not apply to any taxable year beginning after December 31, 2017. . Section 199(d)(3) is amended by adding at the end the following new subparagraph: Subparagraphs
(A)and
(B)shall not apply to any taxable year beginning after December 31, 2017. . Part VI of subchapter B of chapter 1, as amended by paragraphs
(1)and (2), is amended by striking section 199 (and by striking the item relating to such section in the table of sections for such part). Sections 74(d)(2)(B), 86(b)(2)(A), 135(c)(4)(A), 137(b)(3)(A), 219(g)(3)(A)(ii), 221(b)(2)(C), 222(b)(2)(C), 246(b)(1), and 469(i)(3)(F)(iii) are each amended by striking 199, . Section 170(b)(2)(D), as amended by section 11011, is amended by striking clause
(iv)and by redesignating clauses
(v)and
(vi)as redesignating clauses
(iv)as clause (v), respectively. Section 172(d) is amended by striking paragraph (7). Section 613(a) is amended by striking and without the deduction under section 199 . Section 613A(d)(1) is amended by striking subparagraph
(B)and by redesignating subparagraphs (C), (D), and
(E)as subparagraphs (B), (C), and (D). Except as provided in paragraph (2), the amendments made by this section shall apply to taxable years beginning after December 31, 2018. The amendment made by paragraphs
(1)and
(2)of subsection
(a)shall apply to taxable years beginning after December 31, 2017.