State Taxes and Incentives Issues for AgTech Article Published in JMTI

When famers make traditional agricultural equipment purchases – tractors, irrigation systems, and pesticide and fertilizer application equipment to name a few – most states have some sort of sales tax exemption for equipment that aids in the physical work on the farm, and oftentimes additional credits or incentives for soil and water conservation.

However, as the agriculture industry increasingly adopts new technology, complex automated systems create questions surrounding qualification for existing state taxes and incentives. These issues were addressed in a recent Shop Talk column coauthored by DDH attorneys Matthew Boch, TJ Lawhon and Cal McCastlain in the Journal of Multistate Taxation and Incentives: "Ag Tech Poses Difficult State Tax Questions." A reprint of the article is available on the DDH website.

 


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