The Small Timberland Owner Exemption - California

The Small Timberland Owner Exemption is a legal document that was released by the California Department of Forestry & Fire Protection - a government authority operating within California.

FAQ

Q: What is the Small Timberland Owner Exemption?
A: The Small Timberland Owner Exemption is a program in California that provides certain tax benefits to small timberland owners.

Q: Who qualifies as a small timberland owner?
A: Small timberland owners are individuals or entities that own between 20 and 500 acres of timberland in California.

Q: What are the tax benefits provided by the exemption?
A: The exemption allows small timberland owners to receive a reduced property tax rate on their timberland properties.

Q: How much is the reduced property tax rate?
A: The reduced tax rate is set at $1 per acre per year for the first 20 acres, and $2.50 per acre per year for the remaining acres.

Q: Is there a limit on the number of acres that can receive the reduced tax rate?
A: No, all qualifying acres owned by a small timberland owner can receive the reduced tax rate.

Q: How do small timberland owners apply for the exemption?
A: Small timberland owners must file an application with the county assessor's office in the county where their timberland is located.

Q: Are there any restrictions or requirements for participating in the exemption?
A: Yes, small timberland owners must meet certain forestry management standards and submit an annual report to the county assessor's office.

Q: Is the Small Timberland Owner Exemption available in other states?
A: No, the exemption is specific to California and its timberland owners.