Impacto de la fiscalidad en la rentabilidad de plantacionesforestales de particulares y montes vecinalesen mano común en Galicia

Abstract

The area planted with Eucalyptus nitenshas increased greatly in Galicia in recent years. However, the ex-pansion of these plantations has not been accompanied by economic studies. The objective of this studywas to quantify the influence of taxation on the economically optimal rotation and on the profitabilityof the plantations. In short, we considered various scenarios: two types of ownership (private property and communal forests); inclusion or not of carbon sequestration projects; and consideration or not ofthe taxation associated with plantations. The results show that for intermediate productivity of this spe-cies, the plantations are economically viable and that the economically optimal rotation is very close to14 years in most of the scenarios considered. Consideration of taxation had a contrasting opposite ef-fect on privately property and collective property. Finally, the inclusion of projects associated with car-bon sequestration scarcely modify the initial rotation, but substantially increase the profitability of theplantations, especially in communal forests, which are subject to the taxes considered in the analysis