Production rights still tax deductible

Minister Carola Schouten of Agriculture, Nature and Food Quality (LNV) has stated in a letter to Parliament that production rights (phosphate, pigs and poultry) are depreciable. Schouten expects 1 January 2028 to be a realistic end date for the rights. 

Schouten writes to the House that she sees production rights as a means that must justify the end. By this she means a balance between the production of manure and the available sales space (both within and outside the Netherlands). The Minister of Agriculture thinks it will take approximately 10 years to achieve this balance.

Quick turn
Earlier (last week) it was still supposed that production rights could not be written off, because there was no end date in sight at that time. This is necessary to make production rights depreciable.

Read the full letter to the House here.

Wouter Job

Wouter Baan is Head of Meat & Dairy at BoerenbusinessAt DCA Market Intelligence, he focuses on dairy, pork, and meat markets. He also monitors (business) developments within agribusiness and interviews CEOs and policymakers.

w.baan@boerenbusiness. Nl

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