Louisiana (Summary)
Last Updated: March 2020
Tax Type: Current Use tax, Severance tax, and Forest Protection tax
Description: Current use tax is assessed at 10% of current use value. Severance tax is based on stumpage values. Severance tax rate varies by timber product. Forest Protection tax is an annual tax in eight cents per acre on timberland.
Law: LA Rev Stat §§ 47:2302(D); 47:633; 47:1952.1; 3:4321; 47:643.1
Principal Forest Property Tax Incentive Program
Objective:
Program Requirements
Min/Max Acreage: 3 acres
Min. Stocking Growth: Growth per year depends on timberland class.
Forest Management Plan: N/A
Duration of Enrollment: Unlimited except 4 years in Orleans and Jefferson Parishes
Penalties for Use Change: Change in use of parcel to a nonconforming use requires landowner to immediately notify tax assessor, at which time parcel immediately reassessed and taxed at rates applicable for the new classification.
Program Administration
State: Louisiana Tax Commission (LTC); Louisiana Forestry Commission
Parish and District Tax Assessor: Determine the category and adopt the table value provided by LTC
University: N/A
Landowners: N/A
For a more in depth discussion of Louisiana property taxes click here!