Wednesday, January 16, 2013

Canadian Export Tax to Remain at 0%

February will mark 2nd month with a 0% tax rate for Canadian lumber exporters:
The export tax for Canadian lumber producers exporting to the U.S. will stay at 0% for February.
Under the terms of the 2006 Softwood Lumber Agreement (SLA), the export tax rate drops to 0% when the Random Lengths Framing Lumber Composite  price averages over $355 for  the four-week period occurring 21 days before the beginning of the month.