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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. Historically, the price was determined on a basis of the number of trees harvested, or "per stump". Currently it is dictated by more standard measurements such as cubic metres, board feet, or tons. To determine stumpage, any stand that will be harvested by the firm is first assessed and appraised through processes aimed at finding the volume of timber that is to be harvested. A given stumpage rate, measured in $/volume, is then applied to the amount of timber to be harvested. The firm will then pay this price to the landowner.[1]
^B.C. Ministry of Forests (2008, March). Glossary of Forestry Terms in British Columbia. Province of B.C. Website. Retrieved March 21, 2012, from http://www.for.gov.bc.ca/hfd/library/documents/glossary/Glossary.pdf
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. Historically...
natural resources. It might be difficult to implement such a tax. The stumpage fee can also be deemed as a kind of natural resources consumption tax....
is paid. In the case of the forestry industry, this royalty is called "stumpage". Severance taxes are set and collected at the state level. States usually...
George (2012). Policies for Sustainably Managing Canada's Forests: Tenure, Stumpage Fees, and Forest Practices. UBC Press. p. 1. ISBN 978-0-7748-2069-1. "Canada's...
George (2012). Policies for Sustainably Managing Canada's Forests: Tenure, Stumpage Fees, and Forest Practices. UBC Press. p. 1. ISBN 978-0-7748-2069-1. Bailey...
them of the benefits of royalties from mining, oil and gas, or forestry (stumpage) within their boundaries. This was a major source of Western alienation...
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