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The New York State Department of Taxation and Finance (NYSDTF) is the department of the New York state government [1] responsible for taxation and revenue, including handling all tax forms and publications, and dispersing tax revenue to other agencies and counties within New York State.
Agriculture is a major component of the New York economy. [3] As of the 2012 census of agriculture, there were over 35,000 farms covering an area of 7 million acres (28,000 km 2) which contributed $5.4 billion in gross sales value and $1.2 billion in net farm income to the national economy.
The law allowed small grower-producers to sell directly to consumers, as well as reducing certain fees and providing tax and marketing advantages. Originally, the law required farm wineries to sell only estate-grown wines, but it was amended in 1978 to allow the use of any New York-grown grapes in wine sold at a farm winery. [citation needed]
Agricultural - Agricultural exemptions are generally applied to sales of tangible property that will be utilized in farming, raising livestock, and maintaining agricultural land. According to the US Department of Agriculture, $412.3 billion of GDP relates to agriculture, and $5.816 trillion of tangible assets are in use for agricultural purposes.
A farmer said the change to inheritance tax could be "pretty terminal" for his family's farm. Tom Martin's family have farmed near Peterborough for four generations, but he said he would be ...
Agriculture is a major component of the New York economy. [1] As of the 2012 census of agriculture, there were over 35,000 farms covering an area of 7 million acres (28,000 km 2) which contributed $5.4 billion in gross sales value and $1.2 billion in net farm income to the national economy.
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