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Tree Growth Tax Law Information Be Woods Wise Maine Gov 2022

Ms 80 315 2022-2025 Form

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moving on then capital acquisitions tax so if there's a suppose an intention to transfer on or to Crete or leave in your will far she lands to summon a giant next-generation this essentially is gift or inheritance tax and regardless of whether it's a gift or inheritance the same rules apply essentially so looking again looking at the the woodlands or the standing timber again the importance of having a separate valuation for that there's a relief they're called ru culture leaf before I get into that what what what actually what we're looking at we're talking about if they're inheritance taxes say your son or daughter they would have a tax-free threshold of 320,000 you are on anything above death wherever they get from you or your suppose is talks about 33 percent if it's from an aunt or uncle you're taking something from that your own code the tax threshold is less is talkie 2500 and it's from if it&#39

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