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
Study Shows Site, Rotation Affects Carbon Sequestration Rate
Forest modeling research at Oregon State University’s College of Forestry shows a tract’s productivity is the top factor determining the rotation time that allows for the most above-ground carbon sequestration. Using OSU’s 11,000 acre McDonald-Dunn Research Forest as a study area, researchers inventoried more than 300 tracts known from past activities that varied widely in productivity levels. The data was run through modeling software that predicts changes in vegetation due to natural disturbances or management activities…
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