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Tax Loss Agricultural Investments after Tax Reform
Author(s) -
Carman Hoy F.
Publication year - 1972
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1238539
Subject(s) - tax reform , orchard , agriculture , business , agricultural economics , differential (mechanical device) , ad valorem tax , economics , tax credit , value added tax , natural resource economics , public economics , geography , ecology , engineering , biology , archaeology , aerospace engineering
Tax reform had differential effects on tax shelter investments in agriculture. Profits from breeding livestock were reduced, while the tax advantages of citrus and almond orchard establishment were terminated. Other orchard crops which offered tax shelter advantages before reform continue to be profitable.