“Yield tax” means the dollar amount derived by multiplying the net volume of harvested timber by the appropriate immediate harvest value per unit and by the yield tax rate.
Cal. Rev. & Tax. Code § 38110
General Provisions and Definitions
Known as the Timber Yield Tax Law
The act spans §§ 38101–38110 (11 sections).
Added by Stats. 1976, Ch. 176.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.