Month: April 2016

Incentives and Benefits for IMMEX or Maquiladoras

By: Brenda Cordova, Mexico Attorney Introduction IMMEX stands for Maquiladora, Manufacturing and Export Services Industry.  This is a program created by the Mexican government to attract and promote foreign investment. Generally, an IMMEX, or maquiladora, can temporarily import into Mexico goods that undergo a manufacturing, transforming, and/or repairing of the industrial process for subsequent export. 

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Returned Goods – Challenges & Changes

By: Bruce H. Leeds, Senior Counsel I have sometimes joked about “Newton’s Law of Export-Import” that “whatever goes out comes back.” Often a company becomes an importer simply because they exported something and either the product (or part of the product), is returned to the U.S.  In fact, imports of returned goods to the U.S.

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Related Party Valuation, Part 2

Customs Related party Valuation: What’s an Importer to do? In last month’s article, we looked at how an importer might use a Transfer Pricing Study, or an Advanced Pricing Agreement (APA), to validate the customs value for imports from related-parties under the Transaction Value method. Transaction value is defined as the “price actually paid or

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