Tax & Accounting Blog

Japan-EU Economic Partnership Agreement is Coming Soon – Understanding its Substantial Benefits

Japan-EU Economic Partnership Agreement is Coming Soon – Understanding its Substantial Benefits

The Japan-EU EPA was finalized at a Japan-EU Summit on December 8, 2017, after almost five years of negotiations.  When including the scoping exercise as part of the process for this agreement, then in its entirety the agreement has been under discussion for almost seven years. EU and Japan leaders expect to sign the agreement … Read More

Shouldn’t Governments be Doing more to Fulfill the Promise of the TFA Article 1?

Shouldn’t Governments be Doing more to Fulfill the Promise of the TFA Article 1?

Article 1 of the Trade Facilitation Agreement (TFA) requires that each World Trade Organization member promptly publish tariff and regulatory trade information in a “non-discriminatory and easily accessible manner.” While many member countries do, in fact, fulfill the letter of Article 1, few have realized its broader aim, which is to simplify the procedures associated … Read More

The Rules of Origin Utilization Rates Under the Preferential Duty Scheme

The Rules of Origin Utilization Rates Under the Preferential Duty Scheme

It is unquestionable that an in-depth examination and better understanding about preference utilization can provide useful insights about not only best practices in terms of Preferential Trade Arrangements, but also about its limitations. This article will focus on the limitations, as there are still many companies which operate in the international environment that don’t use … Read More

Modernizing Global Trade

Modernizing Global Trade

It may sound like a cliché, but I am convinced that the future is just around the corner. I mean the real future. The future we used to see in movies from the 80s, where technology had reached its highest point and was used for simplifying people’s lives, changing the way we lived. Sounds promising, … Read More

Managing the Steel and Aluminum Duties Imposed by Presidential Proclamations 9704 and 9705

Managing the Steel and Aluminum Duties Imposed by Presidential Proclamations 9704 and 9705

In keeping with President Trump’s stated desire to assist the U.S. aluminum and steel production industries, he has issued orders to impose special duties on aluminum and steel imports into the U.S. under the authority of section 232 of the Trade Expansion Act of 1962. In other words, he is declaring that the national security … Read More