Import Export Customs Compliance and Trade News

Trade and customs compliance and regulation news that affect import, export, transportation, logistics, and supply-chain industry and how you do business.
Denise Valles

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 application and gather required documents.  Analysis and strategies to completing the application.   Importance of having an updated inventory control system. Webinar Details: Date: New Date Coming Soon! Time : 9:00 am - Noon Central Time Price : $250...
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Denise Valles

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 of current events.    An indispensable component for any effective trade compliance program is continuing education.  When conducting a...
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Denise Valles

Are You Prepared for a Customs Import Audit

    Letter to Global Training Instructor Hello John, Don’t know if you will remember me since it has been a while since I attended all your seminars here in Cleveland and we had you out to our facility to give us a couple of presentation on INCOTERMS and Export Compliance for our CSR’s & Sales people. All I can tell you is, Thank You ! ! ! !  Today we had an “informal audit”...
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Catherine J Petersen

How To Cure The Letter Of Credit Headache

The Challenge:  My firm has just received an order for shipment of one of our machines under a letter of credit for only the second time.  The last order under a letter of credit was just a miserable  experience!  We spent hours preparing our documents; yet when we submitted them to the bank selected by the buyer, they advised us that there were errors (discrepancies) in all of our documents.  We were eventually paid, but...
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Catherine J Petersen
Each international transaction has many details that may be clarified between the seller and the buyer in a contract and then rein... Read More
Wednesday, 25 February 2015 14:42
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Charles Moser

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 are more than 500 free trade agreements, and William Methenitis, global director of customs and international trade at...
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