(Previous rates were 12.5% and 6.5% in Western Oregon and 5% for Eastern Oregon. Timber from private land: The person who owns the timber at the time of harvest is responsible for paying forest tax. If Oregon hadn’t phased out its severance tax, timber production in 2018 would have generated an estimated $130 million. Tax applies to all timber cut in the state, including harvests from federal, state, local and all private forestland, except some tribal land. Oregon Law Local Revenue . Tax Treatment of Timber. Timber Harvest Records Every owner must keep records of harvested timber that is subject to the Small Tract Forestland Severance Tax and the Forest Products Harvest Tax. Timber harvest records required to be retained include: The table above indicates the average annual timber harvest volume during each decade indicated (measured in billion board feet / year). 1961–1976. (3) The tax is imposed at the rate of: (a) $3.89 per thousand feet, board measure, of timber harvested in western Oregon; or Examples: Net weight converted to ton = 554,200 pounds ÷ 2000 = 277 ton Tons converted to MBF = 277 ton ÷ 7.5 = 36.9 rounds to 37MBF Forest products harvest tax (ORS 321.005 to 321.185) The forest products harvest tax (FPHT) is computed by applying the tax rate to the “taxable volume.” The HB 4101 creates a severance tax on timber production that would go to fund county government as well as distribute back to timber mills who paid the tax through a tax credit for milling logs. Private industry, overcutting their forests at three times the sustainable rate, constitutes two thirds of Oregon’s annual timber harvest. Examples: Net weight converted to ton = 554,200 pounds ÷ 2000 = 277 ton Tons converted to MBF = 277 ton ÷ 7.5 = 36.9 rounds to 37MBF Forest products harvest tax (ORS 321.005 to 321.185) Tax Responsibility: Specify in the contract who is responsible to pay required timber harvest tax, based on the harvest volume. The Oregon Forest Facts 2019-20 Edition is now available for digital download and to order online. It is governed by a 13-member board of directors who represent small, medium and large forest producers, small woodland owners, forest sector employees, academia and the general public. - harvest tax are levied on the volume of harvested timber from both private (and public) land. By 1961, the reappraisal plus rising timber prices drastically increased the value of timber on Oregon’s tax rolls. FFYT is repealed The Forest Products Harvest Tax (FPHT) applies to timber harvested from any land in Oregon. (1) A severance tax is imposed at the time of the harvest of timber from small tract forestland. HB 4101: Oregon’s Timber tax By Oregon Tax News. Stating this in the contract removes any doubt about expectations. of the timber tax forms. Timber Harvest History in Oregon. Washington State tax rate is 5%.) OFRI was created by the Oregon Legislative Assembly in 1991 and is funded by a dedicated forest-products harvest tax. Contractors performing labor and services for the timber owner are not responsible for the forest tax. Description: Principal Forest Property Tax Incentive Programs: 1. (Same as current Oregon Harvest Tax and Washington State severance tax). Historically, Oregon timber taxes have also included property tax on the value of standing timber and special programs for reforesting cutover lands. Click on a county to view Timber Harvest data by ownership for calendar years 2002 to most recent year available. Big Money Bought the Forests. tax on cut timber, depending on how their forestland is classified for tax purposes. Program legal-common name: Forestland program Tax Type: Current Use Law: ORS 321.201 to 321.686 Objective: This reduced tax assessment was intended to recognize the importance of forestland to Oregon's economy and respond to the growing pressures that urban growth was putting … The pocket-size booklet offers a detailed reference guide to Oregon’s forest sector, including information, maps, graphs and statistics about forestland ownership, timber harvest, forest-based employment and wood products production. Dataset. Small Logging Communities Are Paying the Price. 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