Tax Credit
Foodbank Tax Credit for Farmers
The Food Bank Tax Credit for Farmers is a non-refundable income tax credit for individuals or corporations that carry on the business of farming and donate agricultural products to eligible food banks in Nova Scotia. The credit is 25 per cent of the fair market value of the agricultural products donated and is available for donations made on or after January 1, 2016.
- 4.5/5.0
- Nova Scotia. Finance and Treasury Board
- All levels
- Last updated 3 years ago
- English
Description
The Food Bank Tax Credit for Farmers is a non-refundable income tax credit for individuals or corporations that carry on the business of farming and donate agricultural products to eligible food banks in Nova Scotia. The credit is 25 per cent of the fair market value of the agricultural products donated and is available for donations made on or after January 1, 2016.- To support individuals or corporations that carry on the business of farming and donate agricultural products