NAFTA Series 2 of 3

Practical Advice from NAFTA’s “Front Lines”  4. Don’t sweat the small stuff. The seven percent de minimis rule (i.e. non-originating parts/costs making up less than seven percent of the total cost) can simplify the origination process. If non-originating materials do not meet the tariff change rules they may be ignored, as long as their aggregate value…

NAFTA Series 1 of 3

NAFTA Series 1 of 3

  What have we learned? In the global trade world, we are celebrating 20 years of NAFTA. Looking back we realize how much NAFTA has matured and evolved into the world’s largest trade treaty. In this series of emails, we will be providing you with history, facts, and some tips to take a look at…

Mexico VAT

Mexico New Tax Reform (New Date)

Avoid Paying VAT on IMMEX/Maquila Operations In-Depth Value Add Tax (VAT) Certification Process  Agenda: General analysis of the tax and customs Reforms.  VAT on sales, definitive imports, and temporary imports.  Benefits of Certification.  How to complete the application and gather required documents.  Analysis and strategies for completing the application.   Importance of having an updated…

Continuing Education Success

The Importance of Continuing Education in Trade Compliance

By Karin L. Bogue  Companies involved in international trade understand that laws, regulations, and government expectations change regularly.   By the time the organization gets used to one regulation, the government changes the rules.  These frequent changes and the nature of the business make it necessary for international compliance employees and other stakeholders to keep track…

Rise of Free Trade Agreements Poses Specific Challenges

Companies that export goods to multiple countries must deal with mounting number of pacts. ARTICLE BY SUSAN KELLY  Global trade is expected to grow by leaps and bounds in coming years. What’s already growing rapidly is the number of free trade agreements that companies have to keep track of when they’re importing or exporting goods. There…

CBP opens registration for October 2013 Customs Brokers License Examination

U.S. Customs and Border Protection has announced 2013 Notice of Examination The exam will be held on Monday, October 7, 2013. Applications should be submitted online with required payment of $200.  To register visit the following link: http://1.usa.gov/164tYWh  For more details on the exam, download the following Official Announcement Notice of Examination for October 2013 or visit CBP.gov for…

Customs Broker License Examination Notice October 2013

Customs Broker License Examination Notice October 2013

This notice announces that U.S. Customs and Border Protection (CBP) will conduct the Customs Broker License Examination on Wednesday, October 7, 2013. To better accommodate applicants desiring to take the October 2013 broker examination, CBP has automated the CBP Form 3124E, “Application for Customs Broker License Exam” and the payment and collection of the $200…

C-TPAT member exports to receive expedited EU customs clearance

This article was written by Sidley Austin LLP and first appeared on the International Law Office. On January 31 2013 the United States and the European Union implemented the mutual recognition arrangement for their respective supply chain security programmes. US Customs and Border Protection (CBP) administers the Customs-Trade Partnership Against Terrorism (C-TPAT), which is now recognised as equivalent…