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Ensuring that agricultural products produced by farmers reach their true market value helps reduce the financial burden the government assumes due to agricultural support policies.
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Registration ensures that the informal economy is recorded, preventing tax losses and leakages, including withholding tax on these products.
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Commodity exchanges provide a marketplace where producers can offer their products to a large number of buyers, allowing them to sell securely and at fair market prices under current conditions.
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Only registered members can trade in commodity exchanges. The only exception to this rule is agricultural producers. Therefore, in every exchange, a significant portion of the sellers consists of farmers.
For companies purchasing directly from producers:
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If registration is completed in our exchange:
• The withholding tax on agricultural products is reduced from 4% to 2%.
• The withholding tax on animal products is reduced from 2% to 1%. -
Disputes and conflicts arising among members are resolved through arbitration committees using the arbitration method.