Forest Tax Law Program
The Managed Forest Law (MFL) program is intended to foster sustainable forestry on private forests. The program can ease the burden of property taxes for Wisconsin forestland owners who commit to managing their woodlands in a sustainable manner. MFL participants pay property taxes at a reduced rate. A portion of the forgone taxes is recouped at the time of a timber harvest when a yield tax is imposed based on the volume of timber removed. In other words, the annual property tax is reduced and a portion of the balance is postponed, or deferred, until the time of harvest. The Wisconsin Department of Revenue estimates an average property tax reduction of 80% for participants even after the harvest taxes are considered.
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