By Christian A. Haro Sevares, Attorney with TGDM, S.C.1 [email protected] Four rounds of negotiations have passed between the representatives of Mexico, United States and Canada. Hard to believe, but nothing has been achieved thus far among the countries. The Mexican Government truly prefers the possibility of a cancellation instead of agreeing to terms and/or conditions …
By George R. Tuttle, III, Attorney, Law Offices of George R. Tuttle U.S. importers and exporters will be interested to know that the World Customs Organization (“WCO”) has published (October 30, 2017) its second case study on intercompany transfer pricing and its effect on customs valuation. The WCO is an international body that is responsible …
Read moreWCO Publishes Its Second Case Study on Transfer Pricing and its Impact on Customs Valuation
By Brandon Smith, Contract Attorney for Braumiller Law Group Round 4 of the NAFTA renegotiation discussions concluded last month in Washington, D.C. NAFTA member representatives expressed measured optimism in the progress reached in discussions thus far, while also acknowledging the significant work remaining to secure a final agreement on a new NAFTA framework. Continuing their …
By Bruce Leeds, Senior Counsel, Braumiller Law Group Congratulations, – you have now been given the responsibility for classifying products on the Commerce Control List (CCL), in addition to your current job of Customs compliance. You are not receiving a promotion or pay raise, and your boss tells you it is a “great opportunity.” You …
By Jennifer Horvath, Senior Associate Attorney, Braumiller Law Group In 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”). In passing Dodd-Frank, Congress used Section 1502 to amend the Securities and Exchange Act of 1934. With Section 1502, Congress directed the Securities and Exchange Commission (“SEC”) to implement new regulations to …
By Adrienne Braumiller, Founding Partner, Braumiller Law Group PLLC Ever wonder if a customs broker can kill two birds with one stone and seek indemnification from an importer client, while already appearing before the Court of International Trade in a penalties case? The answer is yes! This is the case even if the broker’s terms …
By Adrienne Braumiller, Founding Partner, Braumiller Law Group PLLC As the first comprehensive authorization of U.S. Customs and Border Protection (CBP) since 2003, the Trade Facilitation and Trade Enforcement Act of 2015 (“TFTEA”) introduced a range of new trade enforcement initiatives that affect the trade community. One of these initiatives—section 116 of the TFTEA—redefines the …
Read moreDoes the TFTEA’s Section 116 Create a Conflict of Interest for Customs Brokers?
By Attorney Sam Webb, The Cox Law Firm The last thing on the mind of a trade professional is the rendition of the value of tangible personal property held in a warehouse, yard, or facility in Random Town, Texas. In the midst of export controls, pending Customs audits, and NAFTA certificates, why would a trade …
Read moreOutside the Box: Foreign Trade Zones as Property Tax Planning Tool
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