Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2013
Property Tax Annotations
840.0000 TIMBER YIELD TAX
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.