### Question
What is the definition of eligible agricultural business?


### Answer
The definition of **eligible agricultural business** is as follows in *26 U.S.C. § 45O*:

> any person in the trade or business of—


(1) selling agricultural products, including specified agricultural chemicals, at retail predominantly to farmers and ranchers, or


(2) manufacturing, formulating, distributing, or aerially applying specified agricultural chemicals

#### Citation:
  - *26 U.S.C. § 45O*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter A-Determination of Tax Liability > PART IV-CREDITS AGAINST TAX > Subpart D-Business Related Credits**

