Tax & Accounting Blog

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

The Comprehensive and Progressive Trans-Pacific Partnership Agreement and its Impact on the Automotive Industry

The Comprehensive and Progressive Trans-Pacific Partnership Agreement and its Impact on the Automotive Industry

Amid the vast amount of news generated in the trade and customs scene, The Comprehensive and Progressive Trans-Pacific Partnership (“CPTPP”) or TPP11 was finally signed on March 8, 2018. The agreement is expected to come into force near the end of this year or early 2019, after the six or more signatories that are required … Read More