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An Analysis of Tax Savings Under Wisconsin's New Managed Forest Law

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Abstract:

Wisconsin adopted a new optional yield tax for forestland in 1985. Analysis of a wide range of tax and forest management situations indicates that most landowners could realize substantial tax savings under the Managed Forest Law (MFL), but that the magnitude of the savings depends on the ad valorem tax levy, the specific forest management situation, and the owner's alternative rate of return. The MFL addresses some of the weaknesses of the previous yield tax law and provides landowners greater flexibility in their forest management decisions. North. J. Appl. For. 5:141-144, June 1988.

Document Type: Journal Article

Affiliations: Menominee Tribal Enterprises, Neopit, WI 54150

Publication date: 1988-06-01

More about this publication?
  • Each regional journal of applied forestry focuses on research, practice, and techniques targeted to foresters and allied professionals in specific regions of the United States and Canada. The Northern Journal of Applied Forestry covers northeastern, midwestern, and boreal forests in the United States and Canada.
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