News and Insights

CRA Softwood Lumber Products Export Charge Notice SWLN3, “Calculation of Export Price”

Tax Development May 26, 2009

This notice issued by the Canada Revenue Agency replaces the previous version, dated May 2007. This notice provides exporters of softwood lumber products under the Softwood Lumber Products Export Charge Act, 2006 (the Act) with information on the calculation of the export price for products exported to the United States.

The notice clarifies that the FOB value does not include the shipping costs, the amount of the export charge, any additional export charge imposed under the surge mechanism or other charged levied pursuant to the Act. The FOB value may be recalculated to reflect the retroactive application of an increased export charge under the surge mechanism.