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He suggested that Russia could be forced to end direct sales of timber to China.
They claimed that the Forest Service was too busy considering environmentalists' appeals to push through sales of timber, and that the delay cost them money.
Europe is Malaysia's second-largest timber export market after Japan, with 2.67 billion ringgit ($834 million) in sales of timber and timber products in 2009.
But there's the rub: they have to wait for the Forest Service to sort out the appeals against public sales of timber.
The provision would reduce the corporate capital gains tax, which is assessed on sales of timber, to about 14percentt from 35percentt.
In order to reach this Constitutional question, we first have to decide whether the Act properly interpreted, is applicable to sales by states, including sales of timber on school-grant lands.
Similar(47)
It's the sale of timber that keeps the forests going.
In 1943 the State Commissioner of Public Lands held a public auction for the sale of timber on school lands.
The government is widely assumed to have built Naypyidaw with revenue from the sale of timber, gems and natural gas.
Maximum Price Regulation No. 460 which the State's sale of timber allegedly violated specifically provides that it is applicable to sales by states.
Much of Nicaragua's forests have been cleared for ranching and farming, and income from the sale of timber has helped repay outstanding international loans.
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