Laws, Regulations and Annotations


Business Taxes Law Guide – Revision 2022

Timber Yield Tax Annotations

840.0051 Imposition. Revenue and Taxation Code section 38115 imposes the timber yield tax upon, among others, the person who harvests (cuts or fells) timber owned by another. The liability for tax is not conditioned upon removal of the harvested timber. C 3/30/1987.