Monday, May 5, 2014

New regulation on commercial farming

The Division of Taxation on May 2, 2014, filed as final a regulation dealing with commercial farm-
related items. Regulation SU 14-151, “Commercial Farming and Related Items,” consolidates material from three other regulations which the Division of Taxation has now repealed: 

  • SU 07-36, “Farm Equipment and Farm Structure Construction Materials”; 
  • SU 01-44, “Feeds, Fertilizer, Plants and Seeds, Cattle Bedding, Chicken Litter”; and 
  • SU 87-57, “Livestock and Poultry”. 

The Division of Taxation has also now repealed Regulation SU 87-11, “Boarding of Animals”, which is outdated.