Christmas In July

T’was six months before Christmas and all through the land companies are stirring preparing for the busy season to come.  What will be the toy of the year?  What cartoon or movie character will little boys and girls want to play with, wear, read about, or decorate their rooms?    These are the questions importers and …

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Export Controls on Satellites – the Changes are (Almost) Done

Originally all satellites, whether military, commercial, or remote-sensing were subject to controls under Cat. XV of the US Munitions List (USML) in the International Traffic in Arms Regulations (ITAR).  In the early 1990s most commercial satellites were moved to the Export Administration Regulations (EAR) of the Department of Commerce.  Then, after some violations associated with …

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What is the “A”, “AA” or “AAA” certification for Mexican IMMEX, bonded warehouses and free trade zones in Mexico

On December 11, 2013, the Mexican government published its new and amended Ley del Impuesto al Valor Agregado (Value Added Tax, VAT) and Ley de Impuesto Especial Sobre Productos y Servicios (Product and Services Tax, IEPS).   One of the more relevant amendments to the law was the VAT and IEPS, which are applicable to specific …

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UTILIZING TRADE AGREEMENTS

Utilization of free trade agreements can be an important part of a company’s efforts to gain an advantage in the global marketplace by reducing tariffs and other trade barriers when dealing with business partners located within free trade area.  However, it is critical that before a company attempts to take advantage of the benefits of …

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How Trade Compliance can improve your Supply-Chain and bottom-line savings too!

Once upon a time in my corporate career, a VP of New Product Development proactively sought out the trade compliance department for advice on where to manufacture. Although he knew that China would probably offer the cheapest labor, he wanted to know if there were benefits if we were to build the products in Mexico …

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