2014 Virginia Code
Title 58.1 - Taxation
§ 58.1-1604. Tax rates

The tax hereby imposed shall be assessed at the following rates:

1. On pine lumber in its various sizes and forms, including railroad switch ties, bridge timber, and dimension stock, the rate per 1000 board feet measure shall be $1.15; or at the election of the taxpayer, 20 cent(s) per ton of logs received.

2. On hardwood, cypress and all other species of lumber the rate per 1000 board feet measure shall be 22 1/2 cent(s); or at the election of the taxpayer, 4 cent(s) per ton of logs received.

3. On timber sold as logs and not converted into lumber or other products in the Commonwealth, the rate per 1000 feet log scale, International 1/4" Kerf Rule, shall be $1.15 on pine; and 22 1/2 cent(s) on other species; or at the election of the taxpayer, 20 cent(s) per ton of pine logs received; and 4 cent(s) per ton of logs of other species received.

4. On logs to be converted into veneer the rate per 1000 board feet log scale, International 1/4" Kerf Rule, shall be $1.15 for pine and 22 1/2 cent(s) for other species; or at the election of the taxpayer, 20 cent(s) per ton of pine logs received; and 4 cent(s) per ton of logs of other species received.

5. On pulpwood, excelsior wood, chemical wood, bolts or billets, fuel wood, tanbark, and other products customarily sold by the cord, the rate per standard cord of 128 cubic feet shall be 47 1/2 cent(s) for pine, 11 1/4 cent(s) per cord on all other species; or at the election of the taxpayer, 20 cent(s) per ton of pine logs received; and 4 cent(s) per ton of logs of other species received.

6. On chips manufactured from roundwood and customarily sold by the pound, the rate per 100 pounds shall be 0.986 cent(s) for pine, and 0.234 cent(s) for other species.

7. On railroad crossties the rate per piece shall be 3 8/10 cent(s) on pine, and one cent on all other species; or at the election of the taxpayer, 20 cent(s) per ton of pine logs received; and 4 cent(s) per ton of logs of other species received.

8. On posts, mine ties, mine props, round mine collars, and other types of timber used in connection with mining and ordinarily sold by the piece, the rate per 100 pieces shall be as follows: 38 cent(s) for pine, and 9 cent(s) for other species, where each piece is 4' or less in length; 61 3/4 cent(s) for pine and 14 1/4 cent(s) for other species, where each piece is more than 4' but not over 8' in length; and 76 cent(s) for pine and 18 cent(s) for other species, where each piece is more than 8' in length. If the taxpayer so elects, he may pay the taxes due on the above forest products at the rate of $1.045 for pine and 24 3/4 cent(s) for other species, per 1000 lineal feet; or at the election of the taxpayer, 20 cent(s) per ton of pine logs received; and 4 cent(s) per ton of logs of other species received.

9. On piling and poles of all types the rate shall equal 2.31 percent of invoice value f.o.b. loading out point; or at the election of the taxpayer, 20 cent(s) per ton of pine logs received; and 4 cent(s) per ton of logs of other species received.

10. On keg staves the rate per standard 400-inch bundle shall be 3 8/10 cent(s) for pine and 1 1/2 cent(s) for other species; the rate per 100 keg heads shall be 11 5/10 cent(s) on pine and 4 1/2 cent(s) for other species; and on tight cooperage, 4 1/2 cent(s) per 100 staves and 9 cent(s) per 100 heads; or at the election of the taxpayer, 20 cent(s) per ton of pine logs received; and 4 cent(s) per ton of logs of other species received.

11. On any other type of forest product not herein enumerated, severed or separated from the soil, the Commissioner shall determine a fair unit tax rate, based on the cubic foot wood volume relationship between the product and the cubic foot volume of 1000 feet board measure of pine when the product is pine, or on the unit rate of cedar or hardwood lumber when the product is a species other than pine.

Code 1950, § 58-838.5:2; 1971, Ex. Sess., c. 179; 1978, c. 72; 1981, c. 372; 1984, cc. 675, 715; 1998, c. 420.