Forest Incentive Programs - Property Taxes for Idaho

Type of Tax

Two options, a Productivity Tax or a Bare Land and Yield Tax

The State is divided into 4 productivity zones for the Productivity Tax and within each zone the land is rated poor, medium, or good based on the ability to produce wood fiber.

Law

Forest Lands Tax IC Sec. 63-1705 & Forest Products Yield Tax IC Sec. 63-1706

Objective

Encourage private forest landowners to retain and improve their holdings of forest lands and to promote better forest management

Requirements

Must have between 5 and 5000 acres. Lands with more than 5000 acres are taxed under the Productivity Tax.

Must show proof of active management to enhance growth of timber for future harvest

10-year enrollment periods

If the land usage changes the owner is subject to collection of deferred taxes. Deferred taxes may be assessed for up to a total of 10 years.

Program Administration

Tax assessor determines the market value and stumpage value for assessment purposes