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Code · U.S. Code · Title 26 - INTERNAL REVENUE CODE · CHAPTER 1— NORMAL TAXES AND SURTAXES · Subchapter B— Computation of Taxable Income · § 199

§ 199. Repealed. Pub. L. 115–97, title I, § 13305(a), Dec. 22, 2017, 131 Stat. 2126]

851 words·~4 min read·/usc/title-26/section-199

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Section, added Pub. L. 108–357, title I, § 102(a), Oct. 22, 2004, 118 Stat. 1424; amended Pub. L. 109–135, title IV, § 403(a)(1)–(13), Dec. 21, 2005, 119 Stat. 2615–2619; Pub. L. 109–222, title V, § 514(a), (b), May 17, 2006, 120 Stat. 366; Pub. L. 109–432, div. A, title IV, § 401(a), Dec. 20, 2006, 120 Stat. 2953; Pub. L. 110–343, div. B, title IV, § 401(a), (b), div. C, title III, § 312(a), title V, § 502(c), Oct. 3, 2008, 122 Stat. 3851, 3869, 3876; Pub. L. 111–312, title VII, § 746(a), Dec. 17, 2010, 124 Stat. 3319;
Pub. L. 112–240, title III, § 318(a), Jan. 2, 2013, 126 Stat. 2331; Pub. L. 113–295, div. A, title I, § 130(a), title II, §§ 219(b), 221(a)(37), Dec. 19, 2014, 128 Stat. 4018, 4035, 4043; Pub. L. 114–113, div. P, title III, § 305(a), div. Q, title I, § 170(a), Dec. 18, 2015, 129 Stat. 3040, 3069, related to deduction of income attributable to domestic production activities.
Subsection (c)(3)(C) of this Section Prior to Repeal
Prior to repeal by section 13305(a) of Pub. L. 115–97, subsection (c)(3)(C) of this section read as follows:
(c)Qualified production activities income
(3)Special rules for determining costs
(C)Transportation costs of independent refiners
(i)In general
In the case of any taxpayer who is in the trade or business of refining crude oil and who is not a major integrated oil company (as defined in section 167(h)(5)(B), determined without regard to clause
(iii)thereof) for the taxable year, in computing oil related qualified production activities income under subsection (d)(9)(B), the amount allocated to domestic production gross receipts under paragraph (1)(B) for costs related to the transportation of oil shall be 25 percent of the amount properly allocable under such paragraph (determined without regard to this subparagraph).
(ii)Termination
Clause
(i)shall not apply to any taxable year beginning after December 31, 2021.
See Amendment Relating to Consolidated Appropriations Act, 2016 note below.
Subsection (d)(8) of this Section Prior to Repeal
Prior to repeal by section 13305(a) of Pub. L. 115–97, subsection (d)(8) of this section read as follows:
(d)Definitions and special rules
(8)Treatment of activities in Puerto Rico
(A)In general
In the case of any taxpayer with gross receipts for any taxable year from sources within the Commonwealth of Puerto Rico, if all of such receipts are taxable under section 1 or 11 for such taxable year, then for purposes of determining the domestic production gross receipts of such taxpayer for such taxable year under subsection (c)(4), the term “United States” shall include the Commonwealth of Puerto Rico.
(B)Special rule for applying wage limitation
In the case of any taxpayer described in subparagraph (A), for purposes of applying the limitation under subsection
(b)for any taxable year, the determination of W–2 wages of such taxpayer shall be made without regard to any exclusion under section 3401(a)(8) for remuneration paid for services performed in Puerto Rico.
(C)Termination
This paragraph shall apply only with respect to the first 11 taxable years of the taxpayer beginning after December 31, 2005, and before January 1, 2017.
See Extension of Deduction Allowable With Respect to Income Attributable to Domestic Production Activities in Puerto Rico note below.
Connections63 cite this · traces to 6
Cited by 63 sections · top 28
statutes-at-large
18 references not yet in our index
  • Pub. L. 108–357, title I, § 102(a)
  • 118 Stat. 1424
  • Pub. L. 109–135, title IV, § 403(a)(1)
  • 119 Stat. 2615–2619
  • Pub. L. 109–222, title V, § 514(a)
  • 120 Stat. 366
  • Pub. L. 109–432, div. A, title IV, § 401(a)
  • 120 Stat. 2953
  • Pub. L. 110–343, div. B, title IV, § 401(a)
  • 122 Stat. 3851
  • Pub. L. 111–312, title VII, § 746(a)
  • 124 Stat. 3319
  • Pub. L. 112–240, title III, § 318(a)
  • 126 Stat. 2331
  • 128 Stat. 4018
  • 129 Stat. 3040
  • 132 Stat. 1169
  • 132 Stat. 146
Citation graph
cites case law
§ 199
Repealed. Pub. L. 115–97, title I, § 13305(a), Dec. 22, 2017, 131 Stat. 2126]
Fed. Reg.×26
Stat.×18
Pub. L.×9
U.S.C.×6
Stat. Comp.×4
Pub. L.Pub. L. 108–357, title I, § 102(a)
Stat.118 Stat. 1424
Pub. L.Pub. L. 109–135, title IV, § 403(a)(1)
Stat.119 Stat. 2615–2619
Pub. L.Pub. L. 109–222, title V, § 514(a)
Cites 24 · showing 11Cited by 63 across 5 sources
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