Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2013
Property Tax Annotations
840.0000 TIMBER YIELD TAX
840.0148 Timber Owner. An oral contract for the sale of standing timber, like a written contract, therefore, results in the purchaser becoming the timber owner for timber yield tax purposes, assuming the existence of the contract and its enforceability is demonstrated. C 2/27/1987.