Capital gains taxation of woodland income
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"An understanding of tax laws and the tax incentives designed to encourage better use of woodlands will allow you and the economy to benefit from full use of your woodland resource. Capital gains taxation provides for the deduction of 60 percent of a long-term capital gain from the sale or exchange of certain assets held longer than one year. As a result, only 40 percent of the total net gain is taxed as ordinary income. Planning for and using this important provision is generally to your financial benefit."--First page.
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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License.
Provided for historical documentation only. Check Missouri Extension and Agricultural Experiment Station websites for current information.
Provided for historical documentation only. Check Missouri Extension and Agricultural Experiment Station websites for current information.