Operating a business
If your activity is a type of business of primary production and must carried on a business are consider as business. However, If you doing such type of activity for just hobby and a form of a recreation, these mean that you are not operating a business.
Plant or animal cultivation
Plant and animal cultivation such as:
Fishing or pearling
Fishing and pearling activity includes:
Tree farming or felling
Tree farming and felling includes:
If you are operating a business of establishing trees for the purpose of carbon sequestration (carbon sink forests), you will be eligible for carbon sink forest deductions.
Beneficiaries of primary production trusts
If you are the nominated beneficiaries of primary production trust and you made a loss on it so, you may be eligible if you: