In 2004 all owners with more than two acres of forestland were transferred to a new Forestland Program. Land is taxed at a special rate that is based on the typical price paid for land managed for the production of harvestable timber. No privilege tax is paid when the timber is harvested.

 

For additional information about this program click here or contact the Oregon Department of Revenue.

 

 

Owners with 10 to 4,999 acres may apply for a special program, the Small Tract Forestland Option. This program taxes forestland at 20 percent of the special assessment value as set by the Department of Revenue for the Forestland Program. The remaining amount is paid as the timber is harvested. Applications for this program are available from your county assessor. Applications are due in your county assessor´s office by April 1.