Puerto Rico - Excise Tax Exemption for Farmers

December 05, 2023

Summary

In Puerto Rico, "bona fide farmers" are exempted from paying all types of excises for equipment, articles and objects whose operation depend solely on solar, wind, hydro or any other type of power, excluding the power produced by petroleum and its derivatives. A "bona fide farmer" is generally defined as a farmer certified by the government and who derives at least 50% of his or her gross income from the agricultural business as an operator, owner or lessee as declared in his or her income tax return.
It should be noted that that this exemption is part of a larger tax incentives package aimed at supporting Puerto Rican farmers.

Program Overview

Implementing Sector:	State
Category:	Financial Incentive
State:	Puerto Rico
Incentive Type:	Sales Tax Incentive
Web Site:
Administrator:	Departmento de Hacienda
Start Date:
Eligible Renewable/Other Technologies:	Solar Water Heat Solar Space Heat Solar Thermal Process Heat Solar Photovoltaics Wind (All) Hydroelectric (Small)
Incentive Amount:	100% exemption

Incentives

This program has 1 incentives

Technologies:	Solar Water Heat, Solar Space Heat, Solar Thermal Process Heat, Solar Photovoltaics, Wind (All), Hydroelectric (Small)
Sectors:	Agricultural
Parameters:	The incentive is 100.00 %

Authorities

Name:

13 L.P.R.A. § 10405 (Sub. 15, Ch. 941)

Contact

Name:	General Info D.A.
Organization:	Department of Agriculture
Address:	P.O. Box 10163 Santurce PR 00909
Phone:	(787) 721-2120

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.