Tax & Accounting Blog

Classes of Trade Agreements Across the Globe-Is India on the Right Track?

Classes of Trade Agreements Across the Globe-Is India on the Right Track?

Blog, Global Trade June 22, 2018

Preferential trade agreements (PTAs) have been around for centuries – long before the creation of the General Agreement on Tariffs and Trade (GATT) in 1947. In the past decade, India signed FTAs with the Association of Southeast Asian Nations (ASEAN), the Republic of Korea, Japan, and Malaysia. However, India’s trade partners have gained more from these … Read More

Thomson Reuters Recognized in Gartner Market Guide for Global Trade Management Software

Thomson Reuters Recognized in Gartner Market Guide for Global Trade Management Software

Thomson Reuters is excited to be recognized as a Representative Vendor in the May 2018 Gartner Market Guide for Global Trade Management Software. Gartner, Inc. is the world’s leading research and advisory company. The guide is used by supply chain leaders to inform and support their investments in global trade management applications and services. This … Read More

Trump Grants Another Pardon as U.S. Commerce Department and ZTE Reach Agreement Reversing Ban

Trump Grants Another Pardon as U.S. Commerce Department and ZTE Reach Agreement Reversing Ban

Part 2 of article: ZTE, President Trump, and the Elephant in the Room: https://tax.thomsonreuters.com/blog/onesource/zte-president-trump-and-the-elephant-in-the-room/   On June 7, 2018 the U.S. and ZTE agreed to a deal allowing ZTE, the Chinese Telecom company, to stay in business.  Part of this deal is to reverse the ban placed on U.S. companies prohibiting them in selling … Read More

Emerging Technologies and the Future of Global Trade

Emerging Technologies and the Future of Global Trade

Today organizations are constantly dealing with many challenges associated with global trade like product classification, license management, shipment tracking and overall compliance management within their supply chain.  These areas can be managed efficiently with the help of the latest technology and automation. Artificial Intelligence (AI), Blockchain, and the Internet of Things (IoT) are very common … Read More

Adding Compliance in Foreign Trade

Adding Compliance in Foreign Trade

Currently developed and emerging countries have specific laws for the treatment of corporate criminal liability, which require companies to establish a credible program to prevent, detect and correct crimes such as bribery, influence peddling, incompatible negotiations, illicit enrichment and the presentation of false reports. Regardless of these legal requirements, compliance is an activity that has … Read More