Timber Property Eligible for Ohio Agricultural Tax Benefit

About 37 acres of property ought to be reinstated into an agricultural use tax benefit program, in accordance with the plain meaning of state law, the Ohio Board of Tax Appeals said Thursday.

Nearly 23 acres of the property was used for commercial timber production, while the disputed approximately 14 acres was used to store farming and processing equipment, the opinion said. The contested portion of the property is “contiguous” to the land that is primarily for commercial timber production, therefore under Ohio Revised Code 5713.30, it qualifies for a beneficial tax program in which its value is based ...