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How Much is New York’s 20% Farmer Investment Tax Credit Worth Today?
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This fact sheet by PRO-DAIRY shared the implications for capital investment and tax management decisions. In April of 2022, New York State expanded the farmer investment tax credit (ITC) to be worth 20 percent of eligible capital investment. For property placed in service on or after January 1, 2023, the ITC is fully refundable for…
investment tax credit
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