(a) Every licensed farmer shall file a 1040 tax form, including a schedule F tax form whether or not he earned the income. A certified copy of the form or tax clearance letter must be presented with license renewal application each year. No farming license or certification may be renewed or issued before meeting this requirement.
(b) For the twelve months ending on the preceding June 30, every licensed Virgin Islands farmer shall submit a notarized report to the Commissioner stating the poundage and the value of all produce harvested and offered for sale, and the number of persons employed. On or before August 15 of each year, the Commissioner shall provide the licensee, upon his application, forms prepared in such a manner so that the licensee shall record each month's harvest; and in filling out such reports, the licensee shall provide, so far as practicable, each month's harvest.
(c) In lieu of the annual report, the Commissioner may require an owner or licensee to submit a report for a period to be specified by the Commissioner, as well as the actual count or poundage and the income for each crop, where the value of the crop exceeds $100 per year. The report must contain such information as the Commissioner considers necessary.