Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2011
 

Property Tax Rules

Title 18, Public Revenues California Code of Regulations

DIVISION 1. STATE BOARD OF EQUALIZATION

CHAPTER 1. STATE BOARD OF EQUALIZATION—PROPERTY TAX

Subchapter 11. Timber Yield Tax (1020–1041)

Article 1. Valuation of Timberland and Timber (1020–1030)

Rule 1027

Rule 1027. U. S. Forest Service Timber Volumes.

Reference: Sections 38108, 38115, Revenue and Taxation Code.

(a) GENERAL. U. S. Forest Service timber sale contract holders shall report timber volumes harvested as hereinafter provided.

(b) SCALED VOLUME BILLINGS. The Timber Sale Statement of Account (TSSA) is the basis for most U. S. Forest Service billing statements. Timber volumes shall be reported for the quarters reflected by the Timber Sale Statements of Account (e.g., April, May, and June, 1980 TSSA volumes shall be reported for the second quarter of 1980).

(c) LUMP-SUM BILLINGS. Timber volumes actually harvested, regardless of the volume purchased from, and billed for by the U. S. Forest Service, shall be reported for the quarters in which scaled. Timber sale contract holders must get and retain scaling data for such volumes.

(d) OTHER METHODS OF REPORTING. Timber harvested pursuant to U. S. Forest Service timber sale contracts may be reported on a basis other than (b) or (c), above, only if a written description of the reporting basis to be used is submitted to and is authorized by the Timber Tax Division prior to the due date of the return and prior to reporting.

History: Adopted August 19, 1980, effective November 16, 1980.

Amended August 5, 1983, Section 38301 repealed effective January 1, 1983.