Wis. Admin. Code Department of Natural Resources NR 46.24

Current through October 28, 2024

Section NR 46.24 - Alternative withdrawal tax

(1) ESTIMATE. If calculated by the department, the determination of the withdrawal tax under s. 77.88(5) (af) 2, Stats., shall be based on merchantable timber volume estimated from department forest cover type maps indicating timber size and density classes or from aerial photographic interpretation and values established by the current stumpage value schedule pursuant to s. 77.91(1), Stats.

(2) ACCURACY. If the estimate of merchantable volume of timber for the purpose of calculating the alternative withdrawal tax under s. 77.88(5) (af) 2, Stats., is made by an estimator other than the department, the cruise shall be established by on site sampling at an accuracy level ±15% to ±20% at 2 standard deviations for any one owner in a single municipality. The cost of such an estimate shall be paid by the landowner.

(3) MERCHANTABLE TIMBER. For the purpose of calculating the 5% stumpage value alternative for the withdrawal tax under s. 77.88(5) (af) 2, Stats., timber shall be considered merchantable if the department determines it is:

(a) Of size, quality and species to meet commonly accepted industry standards for a specific timber product,

(b) A timber product which is or has been salable within the last calendar year preceding the date of the owner's declaration or withdrawal within the department's administrative area identified pursuant to s. 77.91(1), Stats., in which the subject land is located,

(c) Located in terrain which can be commercially logged with equipment and logging methods commonly used by the timber producers operating within the department's stumpage value zones identified pursuant to s. 77.91(1), Stats., in which the subject land is located, and

(d) In sufficient volume to attract a commercial buyer if it were to be offered for sale.

Wis. Admin. Code Department of Natural Resources NR 46.24

Cr. Register, October, 1986, No. 370, eff. 11-1-86; cr. (3) and (4), Register, October, 1990, No. 418, eff. 11-1-90; r. and recr. (1) and (2), Register, October, 1991, No. 430, eff. 11-1-91; r. and recr. (4), Register, October, 1997, No. 502, eff. 11-1-97; CR 11-013: am. (title), (1), (2), (3) (b), (c), r. (4), Register December 2011 No. 672, eff. 1-1-12.

Amended by, correction in (1), (2), (3) made under s. 13.92(4) (b) 7, Stats., Register January 2017 No. 733, eff. 2/1/2017

Amended by, correction in (1), (2), (3) made under s. 13.92(4) (b) 7, Stats., Register January 2017 No. 733; CR 18-086: am. (3) (c) Register February 2020 No. 770, eff. 3/1/2020