IDAPA 35.01.03.963 — CERTAIN FORESTLANDS TO BE DESIGNATED FOR TAXATION BY OWNER --

LIMITATIONS.
Section 63-1705, 63-1706, Idaho Code
01.
Designation of Forest Parcels. A forest landowner may choose to have the total acreage of
forestland parcels owned within the state designated under the provisions of either Section 63-1705 or 63-1706, Idaho
Code. The forest landowner cannot have parcels in both designations. If the new owner owns no forestland in the
state designated under Section 63-1705 or 63-1706, Idaho Code, he may choose the option of forest taxation he
IDAHO ADMINISTRATIVE CODE
IDAPA 35.01.03
State Tax Commission
Property Tax Administrative Rules
Section 964
Page 82
desires. Designation will be made on or before December 31st, of the year preceding assessment and will be effective
for the following year. Where forest property is held in joint ownership, all co-owners must mutually agree on a
property designation under Section 63-1703(a) and (b), Idaho Code. Each co-owner must make a timely designation.
Where co-owners are unable to agree on a mutual designation or fail to make a designation, the forestland will be
subject to appraisal and assessment as provided in Section 63-1702, Idaho Code.
(7-1-24)
02.
Change in Use. Failure to notify the assessor of the change in use when lands have been designated
will cause forfeiture of the designation as to the changed acres, and the property will be appraised, assessed and
taxed, as provided in Section 63-1702, Idaho Code, from the date of latest designation or renewal.
(7-1-24)
03.
Certain Lands With No Deferred Taxes. There are no deferred taxes on lands designated under
Section 63-1705, Idaho Code.
(7-1-24)