Laws, Regulations and Annotations

Search

BTLG Table of Contents > Timber Yield Tax Annotations >

Timber Yield Tax Annotations

---

840.0130 Shared Harvest Plan. When two timber owners are sharing one harvest plan, they are required, for purposes of calculating the small total volume deduction, to combine their harvest volumes for each quarter in which they are harvesting from the same assessor's parcel under one timber harvest plan. The requirements for reporting each harvest separately under one timber harvest plan for purposes of calculating the small total volume deduction are that each timber owner must have a separate timber yield tax account and must separately own the land from which the timber was harvested, as identified by the assessor's parcel number. C 3/19/1998.