Furniture Importers Fined $5.2 Million For Evading Duties

Furniture importer Blue Furniture Solutions and its successor company will pay more than $5 million for violating the False Claims Act. The U.S. government alleges that CEO Yingqing Zeng and CFO Alex Cheng conspired to avoid paying millions of dollars in antidumping duties and customs fees by describing wood furniture imported from China as "metal" or "non-bedroom" furniture.

 

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DHA eNews - New IRS Guidance Provides More Tax Relief Under CARES Act

Decorative Hardwoods Association (formerly HPVA) eNews Volume XIII, Issue VIII: New IRS Guidance Provides More Tax Relief Under CARES Act | More Government Resources & Assistance | Coronavirus Impact On Wood Industry Will Continue Into 2021 | Some Woodworking Companies Now Make Healthcare Products

Official Photo © D. Myles Cullen

 

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Some Woodworking Companies Now Make Healthcare Products

Hillcrest Cabinets is using its 3D printer to make face shields. Urban Plough Furniture has started building intubation boxes for healthcare workers. Steelcase, Herman Miller, and Stylex Furniture are all making face masks. Best Damn Doors in Canada is making anti-virus protective gear.

 

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DHA eNews - Coronavirus Update: China Announces It's Back To Work

Decorative Hardwoods Association (formerly HPVA) eNews Volume XIII, Issue VII: Coronavirus Update: China Announces It's Back To Work | DHS Declares Forest Products Vital, Our Supply Chains Essential | U.S. Cabinet Industry Wins At The ITC | Canada Ratifies USMCA 

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Coronavirus: Industry & Market News

See updates, news, and market information below.

 

Updated 3-24-2022

 

71% Of Small Businesses Haven't Recovered From COVID

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