### Question
Can you define what owner means?


### Answer
**Owner** is defined as the following in *26 U.S.C. § 631*:

> any person who owns an interest in such timber, including a sublessor and a holder of a contract to cut timber

#### Citation:
  - *26 U.S.C. § 631*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter I-Natural Resources > PART III-SALES AND EXCHANGES**

