Tax Information for Farmers
Farmers are exempt from Provincial Sales Tax (PST) when purchasing certain farm supplies and equipment. Some purchases are automatically exempt, while others require the farmer to certify that the goods purchased will be used solely in the operation of their farm.
Holders of a valid fuel tax exemption permit may purchase tax reduced marked diesel fuel for use in their farming, commercial fishing, trapping or logging activities.
Effective April 1, 2017, the partial Fuel Tax exemption for bulk purchases of gasoline is eliminated. Fuel Tax Exemption Permit holders are required to pay the full fuel tax on gasoline purchases.
3. Agricultural Corporation Exemptions from Mineral Rights Tax (MRT)
Mineral Rights Tax (MRT) is an annual tax that is applicable to freehold mineral titles whether or not the minerals are in production. Agricultural Corporations may receive an exemption if the corporation meets the criteria set out in The Mineral Taxation Act, 1983. Please see the Mineral Rights section for more information.