QPAI definition

QPAI means qualified production activities income as defined by Section 199(c) of the Internal Revenue Code.
View Source

Examples of QPAI in a sentence

  • QPAI is generally domestic production gross receipts (DPGR) reduced by the sum of: (1) the costs of goods sold that are allocable to those receipts; and (2) other expenses, losses, or deductions which are properly allocable to those receipts.