Tax & Accounting Blog

Managing Company Acquisitions from a Trade Compliance Perspective

Managing Company Acquisitions from a Trade Compliance Perspective

According to the Institute for Mergers, Acquisitions, and Alliances; in 2016 there were over 48 thousand worldwide mergers and acquisitions.   Regardless of what point the Global Trade Compliance team is included in acquisition discussions, it needs a process for assessing the existing risk, support from senior management when unacceptable risk is discovered, and creative … Read More

Foreign Trade in the 21st Century

Foreign Trade in the 21st Century

There have been numerous activities related to political changes, technological progress and globalization that have undergone extreme radical transformations since the second half of the 20th century. Foreign Trade has not escaped these transformations causing an accelerated growth that is changing the way countries and companies trade with extraordinary speed. Today, there is not a … Read More

Is Everything Negotiable in Trade?

Is Everything Negotiable in Trade?

In January 2017, I wrote an article shortly after the Trump Administration took office discussing their official withdrawal from the Trans-Pacific Partnership (TPP). This answered my own rhetorical question of whether the U.S. withdrawal effectively killed all new multilateral agreements with the response, “it depends on who you ask.”[1]  Since then, many (including … Read More

What It Means to Japan Now That the U.S. Is No Longer Participating In the TPP

What It Means to Japan Now That the U.S. Is No Longer Participating In the TPP

The official announcement, January 20, 2017, from the U.S. President regarding separation as a member of the Trans Pacific Partnership Agreement (TPP) was an unexpected outcome for most industries in Japan.  Japan had much to gain with the U.S. on this agreement and had been looking to establish new processes and procedures based on the … Read More

How FTAs Affect the Pharmaceutical Industry: A Discussion About TRIPS

How FTAs Affect the Pharmaceutical Industry: A Discussion About TRIPS

The purpose of a free trade agreement (FTA) is to increase access to international economies. FTAs reduce barriers associated with importing goods — generally, these agreements reduce import taxes on individual items, which allow goods to be competitive with domestically produced products. Pharmaceuticals, however, are a unique kind of good with regards to trade. According … Read More