Alabama (Summary)
Tax Type: Current Use and Severance Tax
Description: Current use value based on soil productivity, assessed at 10% of its appraised value. Severance tax based on type.
Law: Ala. Code 40-7-25 and Ala Code Sec. 9-13-81
Objective:
Forest Tax Program Requirements
Min/Max Acreage: N/A
Min. Stocking Growth: N/A
Forest Management Plan: N/A
Duration of Enrollment: N/A
Penalties for Use Change: The property shall be revalued at current market value, taxes will be due based on the sales price or the fair and reasonable market value of such property at the time of its conversion, whichever is greater, for the preceding 3 ad valorem tax years.
Program Administration
State: N/A
County Tax Assessor and Commissioner: To qualify for assessment based on current use value, an owner of forest property must submit an application to the tax assessor for the county in which the property is located no later than January 1 of the first taxable year for which special assessment is sought.
University: N/A
Landowner: N/A
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