State Tax Laws > Property Taxes > Arkansas (Summary)

Tax Type: Current Use based on soil productivity and Severance Tax

Description:

Not more than 20% of current use.

Severance Tax.

Pine Timber	$0.178/ton
All other timber	$0.125/ton

Law: 26-26-303 A.C.A

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: N/A

Program Administration

State: Establishes applicable percentage.

County Tax Assessor and Commissioner: Determines current use valuation.

University: N/A

Landowner: N/A

For a more in depth discussion of Arkansas property taxes click here!