Timber Valuation and Severance
Resources  >  Timber Valuation and Severance

Timber valuation for 2016-2019

The Louisiana Tax Commission has approved new timberland assessments for ad valorem tax purposes for the 2016-2019 tax years. The timber valuation increased in three of the four timberland classes. The new assessments begin with the 2016 tax notices.

Timberland 2016-2019
2012-2015 % change
Class I $39.77 $38.67 +2.8%
Class II $28.28 $27.47 +2.9%
Class III $12.39 $12.05 +2.8%
Class IV $7.53 $ 7.53
Unchanged

 

2017 Severance Tax Set

The Louisiana Forestry Commission set stumpage values to be used for timber severance tax computations. These values are in effect for Jan. 1, 2017 through Dec. 31, 2017. The sawtimber and chip-n-saw regular severance tax rate is 2 1/4 percent of the sawtimber stumpage value. The pulpwood regular severance tax rate is 5 percent of the stumpage value.

Product 2017 Stumpage Value Severance Tax
Pine sawtimber $261.12/mbf $32.64/ton $5.87/mbf $.73/ton
Hardwood sawtimber $341.29/mbf $35.93/ton $7.68/mbf $.80/ton
Chip-n-saw $45.20/cord $16.74/ton $1.02/cord $.38/ton
Pine pulpwood $27.55/cord $10.20/ton $1.37/cord $.51/ton
 Hardwood pulpwood  $28.50/cord $10.00/ton $1.42/cord $.50/ton

More Information

Ad valorem taxes paid by landowners are determined by these assessed values multiplied by the millage rates in each parish. Taxes can differ significantly due to the millage but the assessed values are constant in all parishes. The Louisiana Tax Assessor’s Association and the Louisiana Forestry Association worked closely with the Tax Commission in providing information for the new assessments. If you have questions, please call the LFA office.

For information on the different timber classes click the following link.

TIMBER CLASSES (PDF)