REVENUE AND TAXATION Ad Valorem Taxation of Property: Provide for the Ad Valorem Taxation of Timber and Current Use Valuation / Taxation of Bona Fide Conservation Use Property and Bona Fide Residential Transitional Property

Authors

Susan L. Daniels

Document Type

Peach Sheet

Abstract

The Act allows taxation of standing timber when it is cut or sold. The Act also allows certain qualifying properties to be valued according to current use rather than fair market value to preserve the aesthetic beauty of the State of Georgia and to allow property owners to keep large pieces of property that were previously unaffordable due to high taxes.

Recommended Citation

Susan L. Daniels, REVENUE AND TAXATION Ad Valorem Taxation of Property: Provide for the Ad Valorem Taxation of Timber and Current Use Valuation / Taxation of Bona Fide Conservation Use Property and Bona Fide Residential Transitional Property, 8 Ga. St. U. L. Rev. (1992).
Available at: https://readingroom.law.gsu.edu/gsulr/vol8/iss1/34