State and Property Tax Incentives
Some states (Colorado, Virginia, Maryland, and North Carolina) offer a state income tax incentive and many states offer property tax incentives to conservation easement donors. In Pennsylvania, conservation restrictions on land included in the estate can reduce the inheritance tax owed.
Read more about this topic: Conservation Easement
Famous quotes containing the words state and, state, property, tax and/or incentives:
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—William Shakespeare (1564–1616)
“On the whole our armed services have been doing pretty well in the way of keeping us defended, but I hope our State Department will remember that it is really the department of achieving peace ...”
—Eleanor Roosevelt (1884–1962)
“Only the old are innocent. That is what the Victorians understood, and the Christians. Original sin is a property of the young. The old grow beyond corruption very quickly.”
—Malcolm Bradbury (b. 1932)
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—Sébastien-Roch Nicolas De Chamfort (1741–1794)
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—Gus Hall (b. 1910)