Yield Tax Payment. A. The PURCHASER shall be solely responsible for filing reports with the State Board of Equalization and payment of the timber yield tax levied on timber cut under this Agreement as provided by the Z'Xxxx-Xxxxxx-Xxxxx-Xxxxxxx Forest Taxation Reform Act, Statutes of 1976, Chapter 176. The PURCHASER'S yield tax payments shall not be credited in any way for timber cut or other obligations of this Agreement. The PURCHASER further agrees to furnish the STATE copies of the Timber Yield Tax calculations and reporting forms submitted to the Board of Equalization for timber harvested pursuant to this Agreement. Yield tax information shall be provided no later than January 31 for timber harvested during the previous calendar year.
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Samples: Standard Agreement, Standard Agreement, Standard Agreement
