Maine Revised Statutes Title 36 — Taxation
36 M.R.S. § 576-B
Discount factor and capitalization rate
Official textlegislature.maine.gov
The percentage factor by which the growth rates set by the State Tax Assessor pursuant to section 576 must be reduced to reflect the growth that can be extracted on a sustained basis is 10%. The capitalization rate applied to the value of the annual net wood production pursuant to section 576 is 8.5%.
Source: view the official text
In this chapter (40 sections)
- 558 · Taxes prorated between seller and purchaser
- 558-A · Liability for failure to pay prorated property taxes
- 559 · Deceased persons
- 560 · Bank's real estate
- 561 · Railroad buildings
- 562 · Standing wood, bark and timber; taxed to purchaser
- 563 · Forest land; policy
- 564 · Assessment
- 565 · Forestry Appeal Board
- 571 · Title
- 572 · Purpose
- 573 · Definitions
- 574 · Applicability
- 574-A · Ineligibility
- 574-B · Applicability
- 574-C · Reduction of parcels with structures; shoreland areas
- 575 · Administration; rules
- 575-A · Determining compliance with forest management and harvest plan
- 576 · Powers and duties
- 576-A · Valuation of areas other than forest land
- 576-B · Discount factor and capitalization rate
- 577 · Reduced valuation under special circumstances
- 578 · Assessment of tax
- 579 · Schedule, investigation
- 580 · Reclassification
- 581 · Withdrawal
- 581-A · Sale of portion of parcel of forest land
- 581-B · Reclassification and withdrawal in unorganized territory
- 581-C · Mineral lands
- 581-D · Mineral lands subject to an excise tax
- 581-E · Report to the Bureau of Forestry
- 581-F · Report to the Bureau of Forestry on land in unorganized…
- 581-G · Report to Bureau of Forestry
- 582 · Appeal from State Tax Assessor
- 582-A · Payment for tax pending review
- 583 · Abatement
- 584 · Advisory Council
- 584-A · Construction
- 585 · Purpose
- 586 · Definitions