This document contains final
regulations concerning the deduction for income attributable to
domestic production activities under section 199 of the Internal
Revenue Code. Section 199 was enacted as part of the American Jobs
Creation Act of 2004 (Act). The regulations will affect taxpayers
engaged in certain domestic production activities.
US Code:
26
USC 199 Name of Law: Income attributable to domestic production
activities
US Code: 26
USC 7805 Name of Law: Rules and regulations
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.