Title Page
 Table of Contents
 List of Tables
 Tax application of a citrus grove...
 Components of the allocation process...
 Buyer's tax treatment of purchase...
 Tax treatment summary of example...
 1982 after tax cash flow analysis...
 Sources of information

Group Title: Economic Information Report 172
Title: Suggested guidelines for allocating a citrus grove's purchase and sales price for income tax reporting purposes
Full Citation
Permanent Link: http://ufdc.ufl.edu/UF00027839/00001
 Material Information
Title: Suggested guidelines for allocating a citrus grove's purchase and sales price for income tax reporting purposes
Series Title: Economic Information Report 172
Physical Description: ii, 28, 16 p. ; 28 cm.
Language: English
Creator: Muraro, R. P.
Affiliation: University of Florida -- Food and Resource Economics Department -- Institute of Food and Agricultural Sciences
Publisher: Food and Resource Economics Dept., Agricultural Experiment Stations and Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida
Place of Publication: Gainesville, Fla.
Publication Date: November 1982
Subjects / Keywords: Agriculture   ( lcsh )
Farm life   ( lcsh )
Farming   ( lcsh )
University of Florida.   ( lcsh )
Agriculture -- Florida   ( lcsh )
Farm life -- Florida   ( lcsh )
Citrus fruit industry -- Taxation   ( lcsh )
Agriculture -- Taxation   ( lcsh )
Spatial Coverage: North America -- United States of America -- Florida
Funding: Florida Historical Agriculture and Rural Life
 Record Information
Bibliographic ID: UF00027839
Volume ID: VID00001
Source Institution: Marston Science Library, George A. Smathers Libraries, University of Florida
Holding Location: Florida Agricultural Experiment Station, Florida Cooperative Extension Service, Florida Department of Agriculture and Consumer Services, and the Engineering and Industrial Experiment Station; Institute for Food and Agricultural Services (IFAS), University of Florida
Rights Management: All rights reserved, Board of Trustees of the University of Florida
Resource Identifier: oclc - 60755424

Table of Contents
    Title Page
        Title Page
    Table of Contents
        Table of Contents
    List of Tables
        Page i
        Page ii
        Page 1
        Page 1
    Tax application of a citrus grove sale
        Page 2
        Recapture of investment tax credit
            Page 3
        Depreciation of investment tax credit
            Page 3
        Taxable gain
            Page 3
            Page 4
        Gross profit percentage - Annual taxable gain
            Page 5
    Components of the allocation process and example purchase
        Page 6
        Determining the value of the unharvested fruit crop
            Page 7
            Page 8
            Page 9
        Determining the value of equipment and buildings
            Page 10
        Determining the fair market value of equipment and buildings
            Page 11
        Determining the value of citrus trees and land
            Page 11
            Page 12
            Page 13
        Separating the total value into citrus tree value and land value
            Page 14
            Page 15
    Buyer's tax treatment of purchase price components
        Page 16
        Unharvested fruit crop and additional production costs
            Page 16
        Equipment, building, and citrus trees
            Page 16
            Page 17
        Remaining life of a citrus tree or effective age of a citrus tree
            Page 18
            Page 19
        Investment tax credit treatment
            Page 20
    Tax treatment summary of example grove sale and purchase
        Page 20
        Page 21
        Page 22
    1982 after tax cash flow analysis on the grove purchase
        Page 23
        Page 24
        Page 25
    Sources of information
        Page 26
        Page 27
        Page 28
        Page 29
        Page A 1
        Page A 2
        Page A 3
        Page A 4
        Page A 5
        Page A 6
        Page A 7
        Page A 8
        Page A 9
        Page A 10
        Page A 11
        Page A 12
        Page A 13
        Page A 14
        Page A 15
        Page A 16
        Page A 17
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