Cash Flow and Forest Management Policy as Related to Federal Income and Estate Taxes PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Cash Flow and Forest Management Policy as Related to Federal Income and Estate Taxes PDF full book. Access full book title Cash Flow and Forest Management Policy as Related to Federal Income and Estate Taxes by William Roy Sizemore. Download full books in PDF and EPUB format.
Author: William Roy Sizemore
Publisher:
ISBN:
Category : Forest management
Languages : en
Pages : 248
Get Book Here
Book Description
Author: William Roy Sizemore
Publisher:
ISBN:
Category : Forest management
Languages : en
Pages : 248
Get Book Here
Book Description
Author: Theodore E. Howard
Publisher:
ISBN:
Category : Forests and forestry
Languages : en
Pages : 416
Get Book Here
Book Description
Detrimental impacts of estate taxes on management of private nonindustrial forests can be mitigated by estate planning which considers organizational forms of forest businesses and methods for funding estate settlement costs. This study's objective was to determine effects of business form and estate funding method on income and estate tax liabilities of nonindustrial owners. A deterministic, legal-economic forest estate management model was used to simulate estate and income tax consequences of alternative business form and funding method combinations for typical Oregon nonindustrial forest owners. Business forms analyzed were sole proprietorships, partnerships, close corporations, Subchapter S corporations and testamentary trusts. The three estate funding techniques were immediate timber capital liquidation, deferrals through Internal Revenue Code section 6166 and loans, and life insurance. Subchapter S corporations and partnerships, coupled with deferrals, were expected to have the least income and estate tax-induced reductions in present value of gross cash value. Sensitivity of results was tested by changing seven parameters: alternate rate of return, life expectancies, real land and timber price trends, total forest acreage, initial forest age class distribution, management regime, and rotation age. Simulation results were consistent across base and sensitivity runs. Testamentary trusts were least costly due to estate tax savings obtained by excluding part of the business from the widow's estate and income tax savings caused by post-mortem step-ups in timber cost basis. Partnerships and Subchapter S corporations were almost as cost effective because spreading business interests among family members reduced effective estate and income tax rates. Because its costs are postponed farthest, immediate liquidation was the preferred funding option. Deferrals frequently created negative after-tax cash flows during loan repayment periods. Forest owners should select business forms which allow reductions in the business interest includable in the widow's estate, preserve timber income's treatment as long-term capital gains, and provide income tax savings by spreading income among family members and utilizing post-mortem step-ups in cost basis. Trusts, partnerships, and Subchapter S corporations have these attributes. Despite changes enacted in the Economic Recovery Tax Act of 1981, land owners, dependent on forest income, may still encounter estate tax-induced cash flow problems.
Author: William C. Siegel
Publisher: DIANE Publishing
ISBN: 0788130978
Category :
Languages : en
Pages : 150
Get Book Here
Book Description
Provides a framework for analysis of timber invest. & a chapter on timber tax planning. Discusses Fed. income tax considerations for timber incl.: capital costs, reforestation tax incentives, depreciation, operating exp. & the passive loss rules, timber income & capital gains, gov't. cost-share pay., casualty losses & other involuntary conversions, conservation easements, install. sales, alternative min. tax, self-employ. taxes, Xmas tree prod'n., & form of timberland ownership & bus. org'n. Explains how to research tax questions & sources of tax assistance.
Author: Louis Pierce
Publisher:
ISBN:
Category : Forest management
Languages : en
Pages : 52
Get Book Here
Book Description
"This study examines federal and state income, property, inheritance, and estate taxes, and also certain related financial policies, to identify the policies that create incentives or disincentives for good forest management"--Page v
Author: Hugh O. Canham
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 44
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 112
Get Book Here
Book Description
Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
ISBN: 1498340067
Category : Business & Economics
Languages : en
Pages : 82
Get Book Here
Book Description
Better designed and implemented fiscal regimes for oil, gas, and mining can make a substantial contribution to the revenue needs of many developing countries while ensuring an attractive return for investors, according to a new policy paper from the International Monetary Fund. Revenues from extractive industries (EIs) have major macroeconomic implications. The EIs account for over half of government revenues in many petroleum-rich countries, and for over 20 percent in mining countries. About one-third of IMF member countries find (or could find) resource revenues “macro-critical” – especially with large numbers of recent new discoveries and planned oil, gas, and mining developments. IMF policy advice and technical assistance in the field has massively expanded in recent years – driven by demand from member countries and supported by increased donor finance. The paper sets out the analytical framework underpinning, and key elements of, the country-specific advice given. Also available in Arabic: ????? ??????? ?????? ???????? ???????????: ??????? ???????? Also available in French: Régimes fiscaux des industries extractives: conception et application Also available in Spanish: Regímenes fiscales de las industrias extractivas: Diseño y aplicación
Author: Joan Youngman
Publisher:
ISBN: 9781558443426
Category : Local finance
Languages : en
Pages : 260
Get Book Here
Book Description
In A Good Tax, tax expert Joan Youngman skillfully considers how to improve the operation of the property tax and supply the information that is often missing in public debate. She analyzes the legal, administrative, and political challenges to the property tax in the United States and offers recommendations for its improvement. The book is accessibly written for policy analysts and public officials who are dealing with specific property tax issues and for those concerned with property tax issues in general.
Author: William C. Siegel
Publisher: Department of Agriculture Forest Service
ISBN:
Category : Law
Languages : en
Pages : 154
Get Book Here
Book Description
Provides a framework for analysis of timber invest. and a chapter on timber tax planning. Discusses Fed. income tax considerations for timber incl.: capital costs, reforestation tax incentives, depreciation, operating exp. and the passive loss rules, timber income and capital gains, gov't. cost-share pay., casualty losses and other involuntary conversions, conservation easements, install. sales, alternative min. tax, self-employ. taxes, Xmas tree prod'n., and form of timberland ownership and bus. org'n. Explains how to research tax questions and sources of tax assistance.
Author: Internal Revenue Service
Publisher:
ISBN: 9781678085070
Category :
Languages : en
Pages : 96
Get Book Here
Book Description
vate, operate, or manage a farm for profit, either as owner or tenant. A farm includes livestock, dairy, poultry, fish, fruit, and truck farms. It also includes plantations, ranches, ranges, and orchards and groves. This publication explains how the federal tax laws apply to farming. Use this publication as a guide to figure your taxes and complete your farm tax return. If you need more information on a subject, get the specific IRS tax publication covering that subject. We refer to many of these free publications throughout this publication. See chapter 16 for information on ordering these publications. The explanations and examples in this publication reflect the Internal Revenue Service's interpretation of tax laws enacted by Congress, Treasury regulations, and court decisions. However, the information given does not cover every situation and is not intended to replace the law or change its meaning. This publication covers subjects on which a court may have rendered a decision more favorable to taxpayers than the interpretation by the IRS. Until these differing interpretations are resolved by higher court decisions, or in some other way, this publication will continue to present the interpretation by the IRS.
