A new survey of trade specialists from multi-national corporations found that 70% of companies are not fully utilizing foreign trade agreements (FTAs), which means they are likely paying more than necessary in tariffs and duties.
International Trade Compliance
WCO News - October 2015
The WCO has published its 78th edition of WCO News, a magazine aimed at the global customs community, which features a special dossier on the 2015 Council Sessions presenting the latest developments in WCO areas of work: enforcement, facilitation, capacity building and ta
Trans-Pacific Partnership (TPP) Information
Foreign Affairs, Trade and Development Canada has released a TPP information site which contains facts about the benefits of the agreement, market access, and a technical summary outlining the scope of the agreement.
CBSA Issues Revised Customs Guidance On Related Party Transactions And Value For Duty: New Opportunities And Obligations
On September 17, 2015, the Canadian Border Services Agency ("CBSA") released a revised D-Memorandum D13-4-5, "Transaction Value Method for Related Persons" (the "Memorandum"), addressing the impact of income tax transfer pricing on the value for duty to be declared on goods imported into Canada.
Bri-Chem Supply Ltd., AP-2014-017
BRI-CHEM SUPPLY LTD. v. PRESIDENT OF THE CANADA BORDER SERVICES AGENCY, Appeal No. AP-2014-017
Decision issued: Friday, September 18, 2015
IN THE MATTER OF an appeal heard on May 7 and 8, 2015, pursuant to section 67 of the Customs Act, R.S.C., 1985, c. 1 (2nd Supp.);