BC Assessment is committed to providing, fair, accurate and reliable assessment services and property information for British Columbia. As part of honouring that commitment, we are writing to request your assistance in alerting your members of two aspects of tax law that have caused significant concern for some purchasers of private managed forest land: Purchasers of managed forest land may be responsible for paying taxes on timber previously harvested by the Vendor; and, Purchasers of managed forest land may be responsible for paying exit fees to the Managed Forest Council if the property is removed from managed forest class. Attached…