Tax & Accounting Blog

U.S. Export Controls for Chinese Enterprises

U.S. Export Controls for Chinese Enterprises

Blog, Global Trade, ONESOURCE September 21, 2018

On August 1st, the U.S. Department of Commerce announced that they would be adding forty-four Chinese entities (eight entities and thirty-six subordinate institutions) to the Entity List which already included many electronic and aviation research institutions. The Bureau of Industry and Security (BIS) accused 17 companies of illegally purchasing goods and technologies for unauthorized military … Read More

The U.S., Mexico, and Canada Trade Relationship – is this the beginning of the end for NAFTA?

The U.S., Mexico, and Canada Trade Relationship – is this the beginning of the end for NAFTA?

Blog, Global Trade, ONESOURCE September 14, 2018

The U.S., Canada and Mexico have been participating in renegotiating the North American Free Trade Agreement (NAFTA) for over a year. In the past few weeks, the U.S. and Mexico announced a preliminary agreement and Canada has come back to the negotiating table with the U.S. with the goal of reaching a final agreement by the … Read More

How Big Data & Analytics Transform Supply Chains

How Big Data & Analytics Transform Supply Chains

Blog, Global Trade September 7, 2018

“Big data” and “data analytics” may sound like tech jargon that doesn’t have much impact on global trade. However, in today’s fast-moving trade environment it’s more important than ever for companies to have access to the most up-to-date information available. Companies are constantly under pressure to increase profit margins, shorten order-to-delivery cycles, and boost planning … Read More

CJEU Denies the Hamamatsu Photonics Retroactive Transfer Pricing Adjustment

CJEU Denies the Hamamatsu Photonics Retroactive Transfer Pricing Adjustment

Co-written by J. Harold McClure and Yanan Li Hamamatsu Photonics is a Japanese manufacturer of various optical devices, which are sold in Europe by Hamamatsu Photonics Deutschland GmbH (HPD). HPD obtained an Advance Pricing Agreement (APA) with the German and Japanese tax authorities that targeted an operating margin. On December 20, 2017, the Court … Read More