Overview Timber Tax Yield Rates

Navigate:ClosedTax > Levy Management > Tax Entity Maintenance > Timber Yield Tax Rates

ClosedNavigation Flowchart

Here is a flowchart of Tax > Levy Management > Tax Entity Maintenance > Timber Tax Yield Rates. Obvious actions, such as Close, Previous, and Save, are not included in the flowchart. Common Actions are included only if necessary for task completion.

Description

NOTE: This task may not apply to your jurisdiction.

Any changes to the BOE Change Notice that affect a TRA or district associated with the Timber Yield Tax generate an alert. This screen is used to maintain timber tax yield rates.

When a TAG-TAF relationship related to the Timber Tax matrix is removed, the TAG-TAF item is moved to the workflow queue for review and action. Alerts are generated on this screen when a:

  • TAG or TAF has been removed that is associated with a Timber Tax.

  • TAF that is associated with a Timber Tax is moved from its associated TAG to a new or different TAG.

An apportionment factor generation process produces and publishes the certified Timber Yield Tax apportionment factors to Aumentum Distribution. A Timber Yield Tax Apportionment Factor group was created for this process.

Steps
Configuration

  • Tax Authorities must be set up.

  • TAG-Tax Authorities must be established.

  • Tax rates must be defined.