| Financial Incentives for Private Forestland Owners |
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| Underproductive Forestland Conversion Tax Credit |
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Oregon's 50% Tax Credit
The Oregon Underproductive Forestland Conversion Tax Credit provides a 50% state income tax credit for qualified reforestation projects. Eligible costs include the application fee (starting with projects planted in 2008), materials, labor excluding self-labor, and maintenance costs. Financial assistance from any incentive program must be deducted from your reforestation costs.
Important Tips:
- Discuss the proposed project with your local Stewardship Forester before starting work.
- When project work is completed, determine if it qualifies for the tax credit before submitting the application and fee.
Goals & Specifications
Encourage landowners to establish and maintain healthy and productive forests.
- 50% of the cost of establishing a stand of trees on underproductive forestland may be applied as a credit against Oregon state taxes.
- Applies on brushland, grassland, or on very poorly stocked forestland.
Application, Laws & Rules
Your local stewardship forester can provide further details on this Tax Credit and other financial incentive programs.
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