Log In | Become a Member | Contact Us

Market Intelligence for Printing and Publishing

Connect on Twitter | Facebook | LinkedIn

Featured:     M&A Trends     Production Inkjet     Installations and Placements Tracker

Domtar obtains settlement in Windsor mill tax evaluation case

Tuesday, March 22, 2011

Press release from the issuing company

Domtar Corporation is pleased to announce today that it has reached a settlement in its dispute with the City of Windsor regarding the tax evaluation of Domtar's Windsor mill.

The agreement between the two parties is based on application of the Court of Québec judgment regarding the 2006-2007-2008 roll. The judgment by the Administrative Tribunal of Québec ratifies the agreement between the parties, to wit, to apply to the Court of Québec judgment of September 27, 2010 to the 2009-2010-2011 roll.

In October 2010, Domtar informed the municipality that it wished to come to an agreement. "We are satisfied with the work done by the experts on both sides to apply the clauses in the judgment on the 2009-2010-2011 roll and pleased that the tribunal has ratified our agreement. We can now turn the page and continue our efforts to position the mill for the future," said Martin Lorrion, Vice-President, Operations - Domtar Region 1.

Following the settlement, Domtar withdrew its originating motion for judicial review before the Québec Superior Court for the 2006-2007-2008 roll.


Post a Comment

To post a comment Log In or Become a Member, doing so is simple and free



Email Icon Email

Print Icon Print

Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2018 WhatTheyThink. All Rights Reserved