UK TIMBER - NO INCOME / CORP TAXES

In the 12 months to December 2007, forestry in the UK returned 31.6 per cent on the back of surging timber prices, compared with 5.3 per cent for equities, 6.4 per cent for bonds and a negative 3.4 per cent on commercial property.

According to Investment Property Databank:

Substantial fiscal advantages available to the investor through investment in forestry, including the fact that income from timber sales in the UK is free of Income and Corporation Tax and growing timber is exempt from Capital Gains Tax. Further, after two years of ownership, commercial woodlands qualify for 100 per cent Business Property Relief from Inheritance Tax.

Also, see...

http://www.ft.com/cms/s/0/3d67b1f4-0f13-11dc-b444-000b5df10621.html?nclick_check=1