methane tagged posts

More Tax Possibilities for Farmers

January 5, 2009 New Zealand Taxation  No comments

Federated Farmers are hesitant about the new National Animal Identification and Tracing scheme (NAIT), claiming that it could lead the way for further carbon taxes being imposed upon their sheep stocks.

The NAIT scheme proposes to ear tag all farmed deer and cattle. The major claimed benefit of the scheme is the traceability it provides for all products from the animals. Other benefits extend to reduced response times to diseases outbreak, supposed improvement of farm efficiency and increased consumer confidence. As the scheme stands now, sheep are not included in the animals set to be tagged but the probability of it happening are high.

As the NAIT scheme allows for the government to determine the exact number of animals on any farm there would be no difficulty in imposing a levy on eac...

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