Piece landings

Unit lands are valuation units of tax valuation law. The Valuation Act defines allotments in Section 34 (7) BewG as areas used for agriculture and forestry where the farm buildings or the operating resources or both types of economic goods do not belong to the owner of the land. The term has a meaning for the setting of property tax and inheritance tax.

For property tax purposes, allotments belong to agricultural and forestry assets without the owner having to be involved in agriculture or forestry himself. For inheritance tax purposes, the term is restricted to areas that have been leased for 15 years or more. In the case of lease contracts with shorter terms, lease land is part of agricultural and forestry assets, but is not exempt from inheritance tax benefits for entrepreneurial assets ( Section 160 (7) BewG in conjunction with Section 13b (1) No. 1 ErbStG ). Lots of land are mostly small parcels, the tenant of which has a farm.