…employing about 1,100 people. The bankruptcy comes six years after a private equity firm, along with others, rescued the company from financial distress in a deal supported by tax breaks…
Brazil Considers Dropping Tariff on U.S. Ethanol Imports
…ban on fresh beef exports from Brazil, according to Reuters. Brazil imposed the ethanol tax last year on U.S. imports that exceed a 600-million-liter annual quota to protect local producers….
Congress Fixing Farm Co-op Tax Change
A provision in the overhaul of the U.S. tax code had some unintended negative side effects on certain agribusinesses across the country. The provision gives producers a chance to cut…
Trump on NAFTA: Don’t Get Nervous
…mind for AFBF members, Trump Monday spared but one-line of his speech to the trade agreement, opting to focus on tax reform and regulatory relief. The next round of NAFTA…
Wrong Trade Policy Poses Risks to Economic Growth
…“do no harm” to farmers and ranchers. Donohue did say that tax reform and regulatory relief, the same two issues championed by agriculture, have helped usher in a “new era…
President Trump Addresses American Farm Bureau Federation
…tax, known as the death tax, so Americans can “keep your farms in the family,” which was met by one of several standing ovations. President Trump also said that within…
Farm Bureau’s Duvall Praises ‘Fresh Air’ in D.C.
…regulating farm fields. “It’s thanks to your engagement that Congress passed tax reform last year—giving farmers a new 20 percent deduction on their business income, doubling the estate tax exemption,…
Farmland Values Still High Despite Low Commodity Prices
…adjustments, negative changes to tax policy, and mishandled trade policy opportunities. For now, he says drastically lower prices are not likely to happen anytime soon. “We’ve seen mostly stable prices…
Farm Bureau Established Relief Fund for Puerto Rican Farmers
…Fund in collaboration with Texas Farm Bureau’s Agriculture Research and Education Foundation. Tax-deductible donations can be made to the foundation to assist Puerto Rico’s farmers and ranchers. Donations to this…
Group Files FTC Complaint Against HSUS
…traffic to a web page that contained false information back in November. The web page said only 19 percent of total donations went to fundraising. But, the Form 990 tax…
Continuing Resolution Means No Cuts to Ag Programs
…provision waiving what’s known as Pay-As-You-Go rules, which would have triggered billions in cuts to mandatory spending because of the tax bill Congress passed this week. Those tax cuts are…
Groups Want Tax-Extender Bill Passed in 2017
More than 50 groups representing a wide scope of businesses sent a letter this week to Congress asking for approval of a multi-year extension of a series of expired tax…
Agriculture Secretary Perdue Comments on Tax Reform
Agriculture Secretary Sonny Perdue calls the recently passed tax reform bill a “once-in-a-generation” reform of the federal tax code. Calling tax reform an eagerly awaited Christmas present for taxpayers, Perdue…
Congressional Ag Leaders Applaud Tax Bill Passage
…“impacts every single American,” offering a fairer, simpler tax code. For farmers, Roberts says the bill creates a “much more pro-growth tax system,” lowering the tax burden on farmers and…