“FOREST TAXATION IN THE UNITED STATES _ 463 
TaBLeE 138.—Yield of wood products from German forests, 1926-27 } 
Kind of product Yield 
eee 
Thousand | Million cubic 
Timber (Nutzderbholz): cubic meters feet Percent 
Hardwoods: (mab olz) sees eee nek he ae EN es 3, 364. 8 118. 8 6.8 
Softwoods7@Nadelinolz) iss Slee ies ee We Wa eM Seabee Dil erode 761.8 43, 4 
EL RYO 2 LS POR PSUR NE TS a ek 24, 936. 3 880. 6 50. 2 
Firewood (Brennderbholz): 
le peGhyOOGls) (QUE nD) NO) VA) aes ees yt ee Ce aa 8, 221.8 290. 3 16.6 
Softwoodsi(Nadelinolz)) {9 Pa 2 ER RL apa Pad ae 9, 027. 0 318. 8 18. 2 
KADY OY ere Lees aya dD Na EYER eared uv dae ep A A LN oe 17, 248. 8 - 609. 1 34.8 
Root and fagot wood: (Stock- und Reisholz)-...-------.-_-------_- Ry 7, 457. 9 263. 4 15.0 
To bel tiie sous Ge Sur Mea a AES se lt Aa at 49, 643. 0 1, 753. 1 100. 0 
1 Source of data: From (263, pp. 10-11). 
TAXES THAT AFFECT FOREST PROPERTY 
PROPERTY TAX 
The most important of this class of taxes in Germany is the national 
property tax (Vermégensteuer). This is a property tax levied by the 
National Government on the value of all real and personal property 
after deduction of debts. ‘The property of all individuals and cor- 
porations is subject to this tax, with the exception of that belonging 
to certain bodies, of which the most important are State banks; 
undertakings of the National Government, States, or communes; 
savings banks within certain limitations; land cooperative societies: 
and charitable and professional associations. 
The assessed values for this tax are determined by means of a uni- 
form procedure prescribed in 1925 by the National Government. The 
values derived by this procedure are called uniform values (Kin- 
heitswerte). This system, though very complex, particularly in the 
ease of forest property, is extremely interesting and will be treated 
at some length in a later part of this section. This uniform assess- 
ment is not only used for the national property tax, but it is now 
obligatory for the land and house taxes of the various States. For 
the national property tax, a certain exempt minimum and certain 
deductions for dependents are allowed. The property of a husband 
and wife is assessed as one property. 
The rates of the property tax are progressive and amounted on the 
total value of the property to the following in 1925: 
Reichsmarks Dollars Percent 
FRO OL OLO eS aKa [5 0K (ay ep ie ate 2380 VENT CULT GLE Tames meh Seem soy Narciso 0. 20 
LOS OOS (0) 0; Oe ee ae ne ee ee ee Py ated tay O64 Oar ty US MR ISON EG) NO pt LP 30 
ZOO O=SOSO OO wee = ea ae Sh Le SL BLE oa La Jah YoY O SUD WS) OK SL DU a NS eas ae eT 40 
50; 000=250; OOO 2 eee eee ee Tre ple REA ae iyi FA TTT PROT OY Oras STO) ce Aa wa EAE 9 a yy 50 
250000500; 000s 2 Sessa eae ee ee Se AN 59, Aye 000 A MER FC LG HUD eA Wi Bi 55 
