WebThe 480-a Real Property Tax Law provides landowners compensation for managing their land with sustainable practices for timber, wildlife, aesthetics, and recreation. The Forest Tax Law can significantly reduce your annual assessment to 20% of the current value. When the timber is sold, a 6% sales tax is paid for the wood harvested. Web1 jan. 2024 · (a) (i) Every retail dealer and every person owning or, if the owner is not the operator, then any person operating one or more vending machines through which cigarettes or tobacco products are sold in this state, who is required under section eleven hundred thirty-six of this chapter to file a return for the quarterly period ending on the last …
Summary of existing Forest Tax Laws - Government of New York
Web16 jun. 2014 · New York’s Response: 480 and 480-a Not long after Fairchild made his observations and criticisms of the ad valorem taxation system as applied to forestland, … WebSection 480 of the Real Property Tax Law became effective October 1, 1959 as an amended version of the Fisher Forest Tax Law of 1926. The program was closed to new applicants … thailand clothing online
Summary of existing Forest Tax Laws - Government of …
Webtax exemption as provided in Subdivision 4 of Section 480-a. of the Real Property Tax Law and that this work schedule is listed on the Certificate of Approval issued by the Regional … Web13 dec. 2024 · The timber resource has been professionally managed under Real Property Tax Law 480a for the last decade. In the last 10 years 2 areas of the property were thinned with the interest of sustainable forest management and wildlife enhancement. Continue reading Listing by John O'Donnell • Timberland Realty 518-538-3373 (agent) Web480-a offers the potential for you to save substantially on your property taxes every year. It can also help you look after your woodlot for the future and increase your long-term … thailand clothes