The Domestic Production Activities Deduction Cannot Exceed 50 Percent of the Wages

question 98

True/False

The domestic production activities deduction cannot exceed 50 percent of the wages paid to employees engaged in domestic manufacturing activities during the year.

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Definitions:

Federal Trade Commission

A U.S. federal agency established to prevent fraudulent, deceptive, and unfair business practices.

Telemarketer

An individual or company that markets products or services over the telephone.

Unfair Practices

Acts or behaviors considered to be unjust, deceptive, or harmful to consumers or business competition.

Federal Trade Commission

The Federal Trade Commission (FTC) is a U.S. federal agency tasked with consumer protection and the prevention of anti-competitive business practices.