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Stumpage is the price a private firm pays for the right to harvest timber from a given land base. It is paid to the current owner of the land. It is paid to the current owner of the land. Historically, the price was determined on a basis of the number of trees harvested, or "per stump".
The prices charged to harvest the timber (stumpage fee) are set administratively, rather than through the competitive marketplace, the norm in the United States. In the United States, softwood lumber lots are privately owned, and the owners form an effective political lobby.
States usually calculate the tax based on the value and/or volume produced; sometimes the method differs for oil, natural gas, and condensates. [ 4 ] [ 5 ] Production from certain wells may be exempt from severance tax based on the amount of production (i.e. "stripper" wells) or the type of well (i.e. horizontal, tertiary, deep, etc). [ 5 ]
States with the most expensive homes Washington, D.C.: $1,195,000. While not technically a state, our nation’s capital does have some of the most expensive housing prices in the U.S. Buying a ...
In forestry rotation analysis, economically optimum rotation can be defined as “that age of rotation when the harvest of stumpage will generate the maximum revenue or economic yield”. In an economically optimum forest rotation analysis, the decision regarding optimum rotation age is undertake by calculating the maximum net present value.
Home prices by county (2021) <$100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000+ Cost of housing by State. This article contains a list of U.S. states and the District of Columbia by median home price, according to data from Zillow.
High grading can also be a form of fraud on the owner of the trees. Indeed, stumpage rates (the amount paid per a certain volume of wood) are based on the average quality of the wood. By taking only the best timber, the wood cutter obtains wood more valuable than average at the price of average wood.
During the first week of April 2024, California saw the biggest increase in the cost of gas compared to any other state. Gas prices rose $0.23 in California and $0.19 in Arizona. These changes are ...