Canadian Lumber Tax Error Fixed: 6.58% to 6.04%
Published Date: 1/24/2025
Notice
Summary
The U.S. Department of Commerce fixed a small mistake in their 2019 review of extra taxes on softwood lumber from Canada. They corrected the general tax rate from 6.58% down to 6.04%, which affects Canadian lumber sellers and U.S. buyers. This change means the right amount of money will be collected going forward, keeping things fair and square.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Antidumping Rate Corrected to 6.04%
The Department of Commerce corrected the all-others antidumping duty rate for softwood lumber from Canada from 6.58% down to 6.04%. The correction refers to the final results of the 2019 administrative review announced on December 2, 2021, and affects Canadian lumber sellers and U.S. buyers by changing the duty rate used to collect money on those imports.
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