Are agricultural products exempted from tax?
Are agricultural products exempted from tax? 42/2009, some strategic agriculture products (rice, paddy, maize, soybean, sago, fruits and vegetables) are exempted from taxes. However, Government’s Regulation No. 31/2007 mandated that all agriculture, perennial crops, and forestry products are exempted from value-added taxes. What qualifies as an agricultural exemption in Illinois? Read more…