955462 Forest Products Tax-Murray Hill

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OREGON Forest Products Harvest Tax DEPARTMENT 1111111rdr OF REVENUE Instructions for Form 201 (FP) General Information Payment voucher • Chips produced from materials not meeting the require- A payment voucher is included with your form and in- ments of utility cull or better and sold as hog fuel. structions.Please include on the voucher: What is the filing deadline? • Your payment amount; • Your business identification number(BIN),which can be January 31 for harvested timber that is measured between found on the top of the timber tax form;and January 1 and December 31 of the prior calendar year. • Your mailing address. This due date is extended to the following Monday when Mail the payment voucher with your form by the due date. January 31 falls on a weekend_ What records do I need to complete my return? Who is the taxpayer? • Notification of Operation. The taxpayer is the owner of the harvested timber when it • Mill records showing total volume (net MBF)harvested, is first measured.The timber owner,as listed on the Noti- e.g.,mill records and/or scale tickets. fication of Operation from Oregon Department of Forestry (ODF)is responsible for reporting and paying the tax(ORS Keep a copy of your return and all original records for at 321.005 and ORS 321.550). least six years from the date returns are due. What if I did not harvest? What if I'm filing an amended return? You are required to file a return even if you did not harvest You may send an amended return any time after the origi- timber during the year or you harvest non-taxable material. nal filing date.An amended return claiming a refund must Check the"NO HARVEST"box in the upper right corner on be filed within two years of the overpayment. the front of the return.Sign,date,and mail your return to the Check the "AMENDED RETURN"box in the upper right Oregon Department of Revenue(DOR). of the return. Complete the form as if an original return Is another party responsible? were being filed.Complete each box with the correct infor- If the ownership of the timber has been transferred to oration,even if it is not being changed.Use the comments another party,check the box in the upper right corner on section on the back of the form to explain the reason you the front of the return.Attach a copy of the written agree- are amending. ment(contract)to the return. Estimated tax The written agreement(contract)must be signed and dated Owners who expect to owe Forest Products Harvest Tax by both parties and contain the name_oithe responsible in excess of$1,500 for the year are required to file an party and the terms of the agreement. "Estimate of Timber Tax Liability"form with the Oregon Sign,date,and mail your return to DOR. Department of Revenue and make quarterly estimated What timber harvest is subject to tax? payments.The forms and payments are due by April 30, July 31,and October 31.If you need estimated tax payment All timber harvested from public and private forestlands forms,call us at 503-378-4988. statewide that can be measured in board feet or tons,and meets the requirements of utility cull or better, is subject Extensions to the tax.Also,chips produced in the woods are subject You may request an extension of time to file your return. to the tax. You must file a Forest Products Harvest Tax You must make your request in writing and state the reason (FPHT)return. for the request.The request must be postmarked no later Exempt timber not subject to tax: than the due date of the return.The department may grant • Secondary products,other than chips,manufactured in up to 30 days from the due date, in which to FILE THE the woods and produced from logs normally either left in RETURN. This is only an extension to file. It does not the forest or burned as slash.Examples:Shake or shingle extend the time to pay.When you file,attach a copy of your bolts,fence posts,firewood,and arrow bolts. approved extension to the front of your return. 150-502-202(Rev.07-10)