The phrase
"domestic production" refers to the process of creating or manufacturing goods within the borders of a specific country. It means that the products are made locally, rather than being imported from other nations.
Full definition
After calculating all of the applicable limitations to your deduction, on line 25 you'll arrive at your allowable
domestic production activities tax deduction.
Initially this could indeed lead to more foreign imports, but with more advertising capacity it could create the resource base for
more domestic productions.
When domestic production moves to replace imports that means domestic investment for facilities, construction work, jobs in production.
For each trading partner, a trade war could raise
domestic production costs, broadly reduce economic output, lower corporate revenues, and pressure margins.
In a closed economy — one that does not engage in international trade — the only way to increase domestic income is to
increase domestic production.
With domestic production on the rise, the share of carbon emissions from natural gas are likely to continue to increase.
Through safe hydraulic fracturing and horizontal drilling, American output grew from less than 6 million barrels per day to more than 9 million barrels per day — the growth
in domestic production more than accounting for the reduction in net imports.
In analyzing the impact of the border tax adjustment enforcement mechanism, we need to consider that trade sanctions affect only goods in international trade, while much of a country's CO2 emissions come only
from domestic production.
As TD's Michael Dolega pointed out in a research note, the surge in
U.S. domestic production seems to have put a lid of petroleum import growth.
«Constraints in the supply chain severely impacted export as well
as domestic production for Ford cars in August,» Ford India president and managing director Anurag Mehrotra said.
Already a hit in Japan (it's the highest -
grossing domestic production of 2016 there), the film is being released in the U.S. for a limited run in the midst of the kind of social tumult that tends to engender the best Godzilla movies.
«This program will help those transitioning to organic agriculture,
encourage domestic production of organic products, and ultimately support the continued growth of organic agriculture in the United States.»
The tricky situation though is that each of the Republican proposals envision dedicating royalty revenues from
expanded domestic production of oil and gas, including opening up new areas previously closed to production in the Outer Continental Shelf (OCS) and places like the Alaska National Wildlife Refuge (ANWR).
Fundamentally, U.S. energy security hinges
on domestic production of oil and natural gas — which provided 67 percent of the energy Americans used in 2015 and are projected by the U.S. Energy Information Administration (EIA) to supply 68 percent of the energy we use in 2040.
Spurred by more efficient extraction techniques such as fracking, the U.S. has been producing over 8.5 million barrels a day, the
highest domestic production level since 1986.
The policy also seeks to boost
domestic production through rollbacks of environmental regulations and expanded energy leasing in federal territories, but those efforts have so far had little impact.
Even in this scenario, total loss of local production is estimated to be at most 14,407 vehicles, or 0.70 % of
total domestic production.
... [T] he disaster in the Gulf only underscores that even as we
pursue domestic production to reduce our reliance on imported oil, our long - term security depends on the development of alternative sources of fuel and new transportation technologies.
Despite the naysaying, the tax credit basically provides the wind industry with the same consideration as conventional energy, in terms of
supporting domestic production of a vital resource for the sake of the greater good.
American domestic production has been rising since 2006, thanks to innovations in extraction techniques that have enabled producers to get blood from stone in places like the Bakken formation in North Dakota and the Eagle Ford shale bed in Texas.
Domestic production helps Mercedes control costs, and if our experience with a long - term GL350 is any indicator, build quality should be outstanding.
Newfield Exploration now estimates that its year - over-year
domestic production growth, adjusted for prior - year asset sales, will be around 8 percent.
In the U.S., Congress decided that the shutdown of (Canada's) Chalk River reactor was a warning, and passed a bill to
stimulate domestic production of medical isotopes.
Hydraulic fracturing has increased the United States» domestic supply of crude oil and natural gas in areas such as the Bakken shale formation and has the potential to increase
domestic production much more in the foreseeable future.
But that support has shifted in the last year, with an increase in Americans
saying domestic production of fossil fuels should be a top priority.
The federal government approved a device that will allow the
first domestic production of a medical imaging isotope in 25 years.
Economic analysts have suggested that this may violate World Trade Organization standards as it not only incentivizes exports, as many countries» value added tax systems do, but also
incentivizes domestic production.
Disruptions in Venezuela's oil industry can have outsize impact on the country, as oil brings in about 95 % of its export revenue, which has been used to purchase imports like food and medicine as
domestic production dries up.
The increase in
domestic production barely moved the supply needle during the first few years of the shale boom because it was merely offsetting the production shut - ins from war - ravaged Libya and Iraq.
So while it tries to increase
domestic production dramatically, it also aims to ensure that the rest of the world always has plenty of food and that China can get what it needs, either by buying it or by controlling foreign sources directly through ownership or other deals.
The confusing part of this trade dispute is that the U.S. can not satisfy their own lumber requirements with
domestic production alone.
Newfield Exploration Company also beat its production targets and increased the mid-point of its full - year 2017
domestic production outlook.
What I am saying is that putting up unilateral tariffs could actually
hurt domestic production processes by increasing the cost of inputs, especially in a world of global supply - chains.
Phrases with «domestic production»