Excise Tax Exemption for Farming Businesses (Puerto Rico)
Last modified on May 23, 2011.
Financial Incentive Program
|Name||Excise Tax Exemption for Farming Businesses|
|Incentive Type||Sales Tax Incentive|
|Eligible Technologies||Solar Water Heat, Solar Space Heat, Solar Thermal Process Heat, Photovoltaics, Wind, Biomass, Hydroelectric, Geothermal Heat Pumps|
|Energy Category||Renewable Energy Incentive Programs|
|Equipment Requirements||Equipment must be used in the operation and development of the business|
|Program Administrator||Energy Affairs Administration|
|Date added to DSIRE||2002-10-21|
|Last DSIRE Review||2008-01-17|
Individuals who operate a farming business are exempt from paying excise tax on "equipment, devices, or objects whose operation depends exclusively on solar, wind, hydraulic or any type of energy, excluding energy produced by petroleum or its derivatives." An individual who wishes to take advantage of the exemption must comply with documentation requirements certifying that he/she is a "bona fide farmer." To be considered a bona fide farmer, one must hold a certificate issued by the Secretary of Agriculture certifying that they are engaged in the conduct of an agricultural business, and derive fifty percent (50%) or more of their gross income from that agricultural business as an operator, owner or lessee, as declared on their income tax return.
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Title 13 L.P.R.A., Section 9030|
|Contact Name||Ing. Jose Benitez|
|Department||Energy Affairs Administration|
|Address||P.O. Box 41314|
|Place||San Juan, Puerto Rico|
|Phone||(787) 999-2200 Ext:x.2886|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.