State Tax Laws > Property Taxes > Oregon (Summary)
Forestland Program
Tax Type: Property taxes under this program range from 40 cents per acre to $6.75 per acre, depending on location of the property and the ability of your property to grow timber.
Description: The property tax on the land is based on the value of the land as forestland. Currently, timber is not taxed through the property tax system.
Law:
Objective: This reduced tax assessment was intended to recognize the importance of forestland to Oregon´s economy and respond to the growing pressures that urban growth was putting on natural resource lands.
Forest Tax Program Requirements
Min/Max Acreage: 2 acres
Min. Stocking Growth: The land must contain enough trees to meet the stocking standards of the Oregon Forest Practices Act.
Forest Management Plan: N/A
Duration of Enrollment: N/A
Penalties for Use Change: Rollback
Program Administration
State: Department of Revenue determines forestland values and administers the Privilege Tax and Forest Products Harvest Tax
County Tax Assessor and Commissioner: County Tax Assessor administers the Land Tax
University: N/A
Landowner: N/A
Small Tract Forestland Option
Tax Type: Current Use and Severance Tax
Description: A landowner pays an annual property tax on 20 percent of the forestland special assessment value. The STF Severance Tax is paid when the landowner harvests the timber from this property.
Law:
Objective: The Small Tract Forestland Option (STF Option) was developed to accommodate the varying needs of small-woodland owners.
Forest Tax Program Requirements
Min/Max Acreage: 10 - 5000 acres
Min. Stocking Growth: The land must contain enough trees to meet the stocking standards of the Oregon Forest Practices Act.
Forest Management Plan: N/A
Duration of Enrollment: N/A
Penalties for Use Change: Rollback
Program Administration
State: Department of Revenue determines forestland values and administers the the Forest Products Harvest Tax and the Small Tract Forestland Severance Tax.
County Tax Assessor and Commissioner: N/A
University: N/A
Landowner: N/A
For a more in depth discussion of Oregon property taxes click here!