Minnesota cattle owners to receive tax credits for bovine TB testing

MINNESOTA, US - Minnesota cattle owners paying for bovine tuberculosis (TB) testing for their cattle can offset the costs of that testing with a new tax credit offered beginning this year.
calendar icon 14 November 2006
clock icon 2 minute read

The bovine TB testing credit is a refundable credit available to individuals, trusts, partnerships and corporations. Legislation passed earlier this year allows cattle owners to claim a credit against their  taxes for an amount equal to one half of the expenses incurred to conduct TB testing on those animals.

The eligible testing includes producer funded Caudal-Fold Tuberculin (CFT) tests performed by an accredited veterinarian certified to conduct bovine TB testing in Minnesota.

The credit is available to cattle owners testing just one animal or an entire herd, and there are no limits on how much can be claimed. The testing and resulting expenses must be incurred before Dec. 31, 2006, to be claimed on 2006 tax returns.

So far, almost 96,000 bovine TB tests have been completed in Minnesota as a result of detecting the disease in northwestern Minnesota. State Veterinarian and Executive Director of the Minnesota Board of Animal Health Dr. Bill Hartmann said testing is not cheap, but it is necessary to preserve Minnesota's strong cattle industry and return the state to TB-free status.

"This testing credit allows cattle producers some financial relief," Hartmann said. "If you've had to test cattle before an out-of-state shipment, exhibition, or sale, this credit will allow you to recoup half
the costs. Until we can regain our TB-free status, this credit should help producers maintain interstate business."
The credit applies to the following expenses incurred to conduct qualified tests:

-- Veterinarian fees, including call charges and injection costs, directly paid by the herd owner

-- Labor expenses that the cattle owner would not have otherwise incurred, for services which are necessary to present a cattle herd for testing

-- Expenses related to the rental of equipment by the bovine owner, which is necessary for injecting and reading bovine TB tests and which would not have been incurred if the test had not been administered.

Expense paid by any government agency or expenses paid by the cattle owner but reimbursed by a government agency do not qualify for the credit.

For more information about the tax credit, visit http://www.taxes.state.mn.us . For information on bovine TB testing and Minnesota's quest to regain TB-free status, visit http://www.bah.state.mn.us .

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