Forest Valuation and Taxation

Forest valuation refers to estimating the economic value of forest resources, considering factors like timber, recreation, and ecosystem services. This valuation helps determine how forests contribute to the economy and society. Taxation in this context involves assessing taxes based on this value. Governments may tax forest land or the income generated from timber sales, aiming to promote sustainable management and conservation. Proper valuation and fair taxation ensure that forests are maintained for future generations while supporting local economies and environmental health.