Keyword: tax

China to reduce tax on imported logs and to halt wood waste imports

According to a joint press release from the Ministry of Ecology and Environment, the Ministry of Commerce, the State Development [...]

Cameroon raises log export duties

A considerable surge in log prices has been recently noticed in Central/West Africa. This is the result of producers [...]

China: New green tax will add to timber production costs

It has been reported that China will introduce an environment protection tax in January this year.      [...]

India: Plywood mills prepare for impact of tax on competiveness

Indian millers report supplies of logs and veneers are improving. Mills in Northern India are ramping up production and the [...]

Myanmar: 10% tax on sawnwood exports starting April 1

The Parliament in Myanmar has now confirmed the 10% Special Commodity Tax on all sawn timber export and local sales [...]

Cameroon confirms the 20% tax on exports of logs

Cameroon has confirmed the log export tax will be increased to 20% and has signalled it will further tighten checks [...]
March 6, 2017 Daily News / Lumber / Sawmilling / Africa / Global

IKEA accused of tax evasion of up to € 1 billion in Europe

The Swedish furniture giant IKEA has been accused of dodging up to EUR 1 billion between 2009 and 2014. The [...]

Turkey: 50% increased tax on furniture imports

On May 23, a decree by the Turkish cabinet of ministers increased the tax rate on furniture imports to 50 [...]