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.
|Incentive Type:||Sales Tax Incentive|
|Administrator:||Energy Affairs Administration|
|Eligible Renewable/Other Technologies:||
|Equipment Requirements:||Equipment must be used in the operation and development of the business|
|Name:||Title 13 L.P.R.A., Section 9030|
|Name:||Ing. Jose Benitez|
P.O. Box 41314
San Juan PR 00940
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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