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The Rainforests of Cameroon - PROFOR

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APPENDIX 5Chronology <strong>of</strong> Changesin the Legislative Frameworkfor Forest TaxationChanges in the legislative framework for forest taxation<strong>The</strong> 1994–95 finance law• Increase <strong>of</strong> RFA (annual area tax) from CFAF 98 to CFAF 300/ha/year.• Establishment <strong>of</strong> export duties on processed export products.<strong>The</strong> 1997–98 finance law• Increase <strong>of</strong> RFA floor price to CFAF 1,500/ha/year for UFAs (forestmanagement units) and CFAF 2,500/ha/year for a sale <strong>of</strong> standingvolume. (It is worth mentioning that this increase caused a generaloutcry from the industry.)• Change <strong>of</strong> the basis <strong>of</strong> calculation <strong>of</strong> timber value from a price-list systemnot in line with the international market to fob values providedby SGS-Forestry and the Reuters Agency.• Increase <strong>of</strong> the sawmill entry fee rate to 12.5 percent for factoriesunder common law and 17.5 percent for special industrial free zonefactories. Delivered by <strong>The</strong> World Bank e-library to:<strong>The</strong> World Bank• Institution <strong>of</strong> a 17.5 percent IP : tax 192.86.100.34 on log exports.Mon, 09 Nov 2009 17:06:18• Institution <strong>of</strong> an auction system for allocating UFAs and ventes decoupe (VCs).147(c) <strong>The</strong> International Bank for Reconstruction and Development / <strong>The</strong> World Bank

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