Stumpage value definition

Stumpage value means the applicable stumpage value established under s.77.91 (1) or the fair market value of raw forest products less the cost of their harvesting, whichever is greater.

Stumpage value of timber means values determined from log grade value tables adopted or used by the department.

Stumpage value means the value of standing timber based on the value that would be received for the timber if harvested and delivered to a mill, minus the cost of harvest and delivery to the mill.

Examples of Stumpage value in a sentence

• This rule provides stumpage value tables and stumpage value adjustments used to calculate the amount of a har- vester's timber excise tax.(2) Stumpage value tables.

• SHAREHOLDER ---------------------------------- Print Name ----------------------------------- Signature or, if entity ----------------------------------- Name of Entity By:_________________________________ Name: Title: EXHIBIT B SELLING SHAREHOLDERS The shares of Common Stock being offered by the selling shareholders are issuable upon conversion of the convertible secured debentures and upon exercise of the warrants.

• This rule provides stumpage val- ue tables and stumpage value adjustments used to calculate the amount of a harvester's timber excise tax.(2) Stumpage value tables.

• Stumpage value only applied for HTHR or IPK;— The permit holder submits a request for the issuance of Log Transportation Documents, accompanied by the payment receipt, log-list, and Log Balance-Sheet Report; — The Ganis issues the Log Transport Documents to accompany the log-list; — The permit holder prepares/updates the Log Balance-Sheet Report to record the quantity of incoming, stored and outgoing logs at the log-yard.

• PROVINCIAL RESULTS Using the above analyses, and the study methodology detailed in Appendix A, the Commission has calculated the Provincial Average Stumpage value for each species/product group used for the study.

More Definitions of Stumpage value

Stumpage value means the amount that timber would sell for under an arm's-length transaction

Stumpage value means the amount determined by the assessing officials in the same manner as other property values for the purposes of taxation at the time the timber is cut. The assessing official shall take into consideration the location of the timber, the quality of the timber, the size of the sale, and any other factors necessary to harvest the wood or timber that affect the value of timber being cut. Stumpage value of all forest products except those customarily measured by the cord, by weight, or by the piece shall be determined on the basis of international 1/4 inch rule log scale. If there are questions by the assessors regarding the true and accurate stumpage values reflected in contracts presented by the owner as the basis for timber tax assessment, the department of revenue administration, property appraisal division, shall be available to assist or advise the municipalities in the proper calculation of the stumpage value for assessment purposes. The burden shall be upon the owner filing the “Report of Wood Cut” form to demonstrate the reasonableness of a claim under this paragraph.

Stumpage value means the value of timber, whether standing or downed by other than an intentional act of severance, expressed in terms of dollars per unit of measure.

Stumpage value means the value of a forest product prior to extraction from tribal forest land.

Stumpage value means the amount that timber would sell for under an arm's-length transaction made in the ordinary course of business, expressed in terms of dollars per unit of measure.

Stumpage value means the current fair market value of a merchantable forest crop as it stands prior to the time of sale, cutting, required cutting or removal. Stumpage value shall be determined by the department through one or more of the following methods: the sale price of the crop in an arm's-length sale, a review of solicited bids, the stumpage price report prepared by the department, comparison with like sales on State forests or private lands, or other appropriate means to assure that a fair market value is established within an acceptable range based on the appropriate geographic area.

Stumpage value means the value of timber as it stands uncut in terms of an