Abstract
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.
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