Tax & Accounting Blog

How to Prepare For a Customs Audit in China

How to Prepare For a Customs Audit in China

Customs audits can be a stressful and an expensive process for the import and export operations. Oftentimes, companies are caught by surprise and are unprepared to respond to the many documentation demands from auditors, especially when it involves going back several years on transactions.  This article will explore ways to help you better prepare for … Read More

How Japan and EU FTA Affects Automobile Industry

How Japan and EU FTA Affects Automobile Industry

Blog, Global Trade, ONESOURCE August 4, 2017

Background Japan and the European Union (EU) leaders reached a political agreement on two landmark agreements, the Strategic Partnership Agreement and the Economic Partnership Agreement at the 24th Brussels Summit (July 07, 2017). Both agreements are expected to greatly benefit both Japan and the EU.  It is expected that the EU-Japan Economic Partnership Agreement will … Read More

Improving Predictability in Logistics Costs

Improving Predictability in Logistics Costs

More and more we are seeing companies introduce themselves to the world of international trade, looking for opportunities to commercialize products outside their territories, and taking advantage of shortages or market gaps where they can capitalize. Getting into the foreign trade business can bring certain challenges, ranging from the basic language and cultural barriers, to … Read More