Act No. 8.847 establishing royalties to be paid by rural land property. Country/Territory Brazil Document type Legislation Date 1994 Source FAO, FAOLEX Subject Land & soil Keyword Royalties/fees Agricultural land Land tenure Geographical area Amazonia, Americas, Latin America and the Caribbean, North Atlantic, South America, South Atlantic Entry into force notes This Act enters into force on the date of publication. Abstract This Act establishes royalties to be paid by rural land property. It consists of 26 chapters establishing fee value to be paid in order to exploit agricultural lands. It also specifies rural land requirements in order to benefit from fee exemption and prescribes the issuing of financial incentives for performing agricultural activity. Full text Portuguese