Riparian Forest Buffer Tax Credit Updated:05/2019

Wooded buffers along streams, rivers and the Chesapeake Bay are called riparian forests and help protect our water quality. Virginia landowners can receive a tax credit for preserving riparian forest buffers along waterways during a timber harvest operation.

  • Form 18.8 Riparian Buffer Tax Credit Application [Word format]
  • Form 18.9 Riparian Buffer Tax Credit S-Corporation/Partnership Landowner Information [Word format] - for use with mutiple landowners and S-corporation or Partnerships

Overview

The 2000 Virginia General Assembly enacted the Riparian Buffer Tax Credit to provide a nonrefundable tax credit to:

  • Individuals, S-Corporations, Limited Liability Corporations, Partnerships, Family Partnerships, or Grantor's Trusts are eligible (Estates and other types of Trusts are not eligible)
    • Own land on which timber is harvested, which abuts a waterway
    • Who forbears timber harvesting on certain portions of the land for 15 consecutive years

The amount of the credit is equal to 25% of the value of the timber retained as a buffer up to $17,500. The buffer must be at least 35 feet wide and no more than 300 feet and be intact for 15 years. The applicant must have a Stewardship Plan for the tract to qualify. A separate application must be completed for each tract.

More Info:


Contact Riparian Forest Buffer Tax Credit

REMINDER: This listing is a free service of VirginiaLandCAN.
Riparian Forest Buffer Tax Credit is not employed by or affiliated with the Virginia Land Conservation Assistance Network, and the Network does not certify or guarantee their services. The reader must perform their own due diligence and use their own judgment in the selection of any professional.

 

Contact Riparian Forest Buffer Tax Credit

Virginia Department of Forestry
900 Natural Resources Drive
Charlottesville, VA  22903
Phone: (434) 977-6555
Fax: (434) 296-2369


Service Area

Statewide Program in:
  • Virginia