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GA looks to give tax relief to tree farmers
Posted on Friday, October 31, 2008A state Constitutional amendment in Georgia that would give property tax relief to tree farmers is getting endorsements ranging from the Georgia Chamber of Commerce to the Sierra Club. Amendment No. 1 on the General Election ballot would change the way forest land of more than 2,000 acres is assessed. Instead of fair-market value, the land would be taxed based on its actual use. That method of assessment is already in place for individual and family-owned forests of 2,000 acres or less. The change would benefit corporations and owners of larger land parcels.


