November 2017 - Braumiller Law Group

The Negotiation of the NAFTA 2.0 The Bad Marriage Between Economics and Politics from a Mexican Perspective

November 21, 2017

By Christian A. Haro Sevares, Attorney with TGDM, S.C.1 charo@tgdm.com 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

WCO Publishes Its Second Case Study on Transfer Pricing and its Impact on Customs Valuation

November 21, 2017

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

Updates on NAFTA Renegotiation Talks

November 20, 2017

By Brandon Smith, Associate 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

The CCL – You Have Just Been Made Responsible for Commerce Control List Classification – Now What?

November 20, 2017

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

Latest Updates in Conflict Minerals Law

November 20, 2017

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

The Broad Reach of CIT’s Jurisdiction Provides Brokers with an Avenue of Relief Against Bad Actors

November 20, 2017

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

Does the TFTEA’s Section 116 Create a Conflict of Interest for Customs Brokers?

November 20, 2017

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

Outside the Box: Foreign Trade Zones as Property Tax Planning Tool

November 19, 2017

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

Month: November 2017

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