December 11, 2017
The Wisconsin Department of Natural Resources has released the new tax rates for use in 2018 through 2022 for land in the Managed Forest Law (MFL). These new tax rates are effective January 1, 2018.
The updated MFL tax rates saw an all around decrease. Open land entered before 2005 saw a decrease of 5¢ to $0.74 per acre. Closed land entered before 2005 dropped 12¢ to $1.75 per acre. Open land entered after 2004 decreased 10¢ to $2.04 per acre. Lastly, closed land entered after 2004 saw a reduction of 38¢ to $10.68 per acre.
Land in Forest Crop Law (FCL) will have the same tax rates in 2018. The current FCL tax rates were recalculated in 2012 and are effective until 2022. They are scheduled to be recalculated in 2022.