Publication Date - July 2006

NOTE: This guide is current through the publication date. Since changes may have occurred after the publication date that would affect the accuracy of this document, no guarantees are made concerning the technical accuracy after the publication date.

Chapter Five / Table of Contents / Chapter Seven
Tax Code, Regulations and Official Guidance Search

Chapter Six - Raisin Grapes

• Overview of Industry
• Growing Production Cycle for a Mature Vineyard
• Development of a New Vineyard
• Mature Productive Operating Vineyard
• Method of Accounting
• Rancher or Farmer
• Gross Income
• Expenses and Depreciation
• Related Party Transactions
• Exhibit A: Cites for Code, Regulations, Revenue Rulings and Court Cases

Growing Production Cycle for a Mature Vineyard

Note: If the raisins do not pass USDA inspection (red tagged), they may be either returned to the grower, reconditioned by the packer, or reconditioned by an outside service. Reconditioning may include several procedures such as additional screening, vacuuming, or submersion into water.

Upon passing USDA inspection, the title to the raisins passes from the grower to the packer.