Multimedia Collection
Forestland Taxes: The Importance of Establishing BASIS
CD
2009
SD387 .L33 F67 2007 CD
The concept of BASIS is fundamental to calculating a forestland owner's income tax liability. Understanding BASIS and how it works can potentially save an owner many thousands of dollars in taxes.
This presentation, which runs on the Windows operating system, is a step-by-step guide to establishing BASIS and using it to reduce tax liability on profits from a timber sale.
Distributed by Oregon State University. Extension Forestry Program.
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