OAR 629-023-0410
Underproductive Forestland Conversion Tax Credit — Purpose of the Rules

(1)

Under ORS 315.104 (Reforestation) certain taxpayers may claim a tax credit for 50 percent of the reasonable costs of forestation of underproductive commercial forestland.

(2)

Under ORS 315.106 (Reforestation credit preliminary certificate) the State Forester will establish and collect a tax credit application fee for the administration of the reforestation tax credit program.

(3)

The purposes of administrative rules 629-023-0410 (Underproductive Forestland Conversion Tax Credit — Purpose of the Rules) to 629-023-0490 (Underproductive Forestland Conversion Tax Credit — Appeal Rights) are to establish fees for the administration of the program, to clarify administration of the tax credit by the State Forester and to define an applicant’s appeal rights under this credit.

(4)

The State Forester may periodically change the tax credit application fee so that revenue generated by the fee will be adequate to recover the costs to administer the tax credit program.

(5)

The State Forester will make available a copy of the fee schedule upon request by a taxpayer.

Source: Rule 629-023-0410 — Underproductive Forestland Conversion Tax Credit — Purpose of the Rules, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=629-023-0410.

Last Updated

Jun. 8, 2021

Rule 629-023-0410’s source at or​.us