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<h1>Deduction for producer companies: full tax deduction for profits from eligible agricultural business activities, subject to turnover limit.</h1> A new section provides a one hundred per cent deduction of profits and gains of a Producer Company from eligible business-marketing members' agricultural produce, supplying agricultural inputs to members, and processing members' produce-subject to a statutory turnover ceiling and after accounting for deductions under other provisions of the same Chapter; statutory definitions of Producer Company and member apply and the provision is prospectively effective for the specified assessment years.