California Revenue and Taxation Code CHAPTER 2 - Imposition of the Tax

• Section 38115.
  A timber yield tax is hereby imposed on every timber owner who harvests his timber or causes it to be harvested on or after April...
• Section 38116.
  (a) Subject to the limitation in subdivision (b), there is exempted from the tax imposed by this part timber whose immediate harvest value is so low...

Last modified: October 22, 2018