<P> In the US, the average size of a non-family corporate farm is 1078 acres, i.e. smaller than the average family corporate farm (1249 acres) and smaller than the average partnership farm (1131 acres). </P> <P> In Canada, 17.4 percent of farms are owned by family corporations and 2.4 percent by non-family corporations . In Canada (as in some other jurisdictions) conversion of a sole proprietorship family farm to a family corporation can have tax planning benefits, and in some cases, the difference in combined provincial and federal taxation rates is substantial . Also, for farm families with significant off - farm income, incorporating the farm can provide some shelter from high personal income tax rates . Another important consideration can be some protection of the corporate shareholders from liability . Incorporating a family farm can also be useful as a succession tool, among other reasons because it can maintain a family farm as a viable operation where subdivision of the farm into smaller operations among heirs might result in farm sizes too small to be viable . </P> <P> Family farms across Europe are heavily protected by EU regulations, which have been driven in particular by French farmers and the French custom splitting land inheritance between children to produce many very small family farms . In regions such as East Anglia, UK, some agribusiness is practiced through company ownership, but most large UK land estates are still owned by wealthy families such as traditional aristocrats, as encouraged by favourable inheritance tax rules . </P> <P> Most farming in the Soviet Union and its Eastern Bloc satellite states was collectivized . After the dissolution of those states via the revolutions of 1989 and the dissolution of the Soviet Union, decades of decollectivization and land reform have occurred, with the details varying substantially by country . In Russia, some amount of family farming has developed, but many former collective farms (kolkhozy) and state farms (sovkhozy) retained their collective / joint nature and instead became corporate farms with stock ownership, the farmers having incorporated . </P>

Describe the role of corporate farming in india