Virginia Loggers Receive Tax Relief
Following passage of a state law giving local governments the option, Virginia loggers are working with counties and other jurisdictions to adopt language exempting logging equipment and machinery from taxation—just as farming and agricultural equipment already is. Previously under Virginia’s commercial code, logging equipment was listed as “unlicensed machinery” and subject to state and local taxes. Since the new law went into effect, localities can now exempt logging equipment from taxation.
According to Virginia Loggers Assn. (VLA) Executive Director Ron Jenkins, VLA is now following up with counties and localities to make sure the exemption is included in next year’s budgets. The law went into effect this year after many budgets were already finalized. VLA Vice President Chad Shelton reports his county, Pittsylvania, was able to add the exemption this year, and he encourages other loggers to begin working with county supervisors and other officials.
Latest News
Acquisition Merges Nortrax, Schmidt
Fernandez Holdings, Inc., which owns a diverse portfolio of businesses, including 57 John Deere Ag and Turf dealerships in the Northeast and South Central U.S., has acquired 14 John Deere Construction and Forestry stores—nine locations from Nortrax, Inc. in Maine, New…
WANT MORE CONTENT?
Spanning seven decades since its inception in 1952, Timber Harvesting highlights innovative and successful logging operations across the U.S. and around the world. Timber Harvesting also emphasizes new technology and provides the best marketing vehicle for the industry’s suppliers to reach the largest number of loggers in North America and beyond.
Call Us: 800.669.5613
