For timber tax purposes, what is taxable?
Timber on all landownership is taxable at 10% of the stumpage value at the time of cutting. The only exceptions are shade and ornamental trees, sugar orchards, nursery stock, Christmas trees, firewood for the manufacture of maple syrup and 20 cords of firewood for domestic heating and/or 10 thousand board feet of saw logs for personal use by the landowner within the state. You do not have to wait for the paperwork from the state before work can begin as long as the town has signed the Intent to Cut form. Even if you do not end up cutting anything, you still need to file a Report of Cut.
