Home >  Term: three entity rule
three entity rule

Federal law currently sets an annual cap on the amount of direct payments that a person may receive from major farm programs. A provision in this law permits a person to receive payments up to the full cap on the first farm in which the person has a substantial beneficial interest, and up to half the full cap on each of two additional farms; hence the so-called "three-entity rule."

0 0

Penulis

  • AjayOwor
  •  (Gold) 1463 poin
  • 100% positive feedback
© 2024 CSOFT International, Ltd.