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  • New Current Use Form Cu-301 Now Available - Vermont.gov - State Vt

Get New Current Use Form Cu-301 Now Available - Vermont.gov - State Vt

DEPARTMENT OF TAXES New Current Use Form CU-301 Now Available (Form LU-AFCFB will no longer be accepted) The Property Valuation and Review Division of the Vermont Department of Taxes is pleased to.

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Go to myVTax for more information. Line-by-line instructions for complex tax forms can be found next to the file.

At least 25 contiguous acres in active agricultural use; or smaller parcels which generate at least $2,000 annually from the sale of farm crops, or actively used agricultural land owned by or leased to a farmer. Taxed at use value.

Vermont's UVA Program enables eligible private landowners who practice long-term forestry or agriculture to have their land appraised based on the property's value of production of wood or food rather than its residential or commercial development value.

Applications must be submitted or postmarked for new enrollments and additions to existing enrollments to the Current Use program by September 1 each year. For applications submitted by September 1, the land is enrolled on April 1, the start of the following tax year.

In 1978, the Vermont legislature passed a law establishing the Use Value Appraisal of Agricultural, Forest, Conservation and Farm Buildings Property. Today, this program is known as "Current Use" and is administered by the Division of Property Valuation and Review within the Vermont Department of Taxes.

Use Value Appraisal, or “Current Use” as it is commonly known, is a property tax incentive available to owners of agricultural and forestry land in Vermont. Eligible landowners can enroll in the program to have their land appraised at its Current Use (farming or forestry) value rather than fair market value.

The Current Use Program, also known as the Use Value Appraisal Program, allows the assessed value for a property to be reduced by a proportion of land and/or buildings enrolled in the program. Here is a sample Vermont municipal tax bill that shows a Current Use tax reduction.

Owners who wish to withdraw all or a portion of land and/or buildings should file Form LV-314, Request For Withdrawal From The Use Value Appraisal Program by mail or online at myVTax. See the myVtax guide on how file Form LV-314 through myVTax.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232