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Income from the sale of timber is exempt from income tax & corporation tax. Forrest ownership in the UK is quite literally growing money on trees.
by Stevvo 2y ago
Income from the sale of timber is exempt from income tax & corporation tax. Forrest ownership in the UK is quite literally growing money on trees.
- HeatrayEnjoyer 2y agoWhy is it exempt?
- londons_explore 2y agoSome rich people own forests and have friends in government. And it can be passed as a way to encourage forestry as being eco friendly.