akpradio.blogg.se - Golden fresh farms tax incentives

“Bona Fide Farmer” should derive 50% or more of its gross income from an agricultural business as operator, owner or tenant as recorded in its income tax return. Incentives were requested and granted directly by the Secretary of Agriculture, in consultation with the Secretary of Treasury on a yearly basis.īona fide farmers that wish to avail of the benefits of Act 60 shall request a grant of tax exemption from the Secretary of the Department of Economic Development and Commerce (DEDC), with previous recommendation from the Secretary of Agriculture. 135 of May 9, 1945.īona Fide Farmers and Agricultural Business

Exemptions to Public Air Transport Services, previously contained within Act No.

Business Incubator Incentive Program, previously included in Act 95-2013 and.

Incentives for Young Entrepreneurs, previously included in Act 135 of Aug.

Economic Incentives for the Film Industry of Puerto Rico, previously contained within Act No.

Bona Fide Farmers and Agricultural Businesses, previously included in Act No.

To continue our tax incentives series and keep you informed of the most important changes to the incentives in Puerto Rico, we turn our attention to the following incentives: