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GETCATax Studies Group on
Agribusiness Value Chains

Link 2 of 5

Farm and livestock production

Inside the farm gate: producers, as individuals or companies, facing the choice the reform puts on the table, whether or not to be IBS and CBS taxpayers.

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Who takes part

  • Farmers operating as individuals or as companies.
  • Production cooperatives.
  • Rural co-ownerships, partnerships and leases.
  • Accountants and lawyers who serve producers.

Technical agenda

  • Electing non-taxpayer rural producer status and the annual revenue threshold.
  • Presumed credit granted to buyers of produce from non-taxpayers.
  • Taxpayer producers: tax computation, credits and compliance obligations under the new system.
  • Social security contribution on the sale of rural production.
  • ITR rural land tax, bare land value and producer bookkeeping in the LCDPR.
  • Rural partnerships, leases and co-ownership under IBS, CBS and income tax.

Coordination

Coordinator to be appointed by the Executive Board. The annual work plan and delivery schedule are approved when the chamber is set up.