Tax & Accounting Blog

Import and Export Classification Risks

Import and Export Classification Risks

Blog, Global Trade, ONESOURCE October 14, 2016

Accurate product classification is one of the foundational components for moving product across borders.  In fact, import and export classification influences the basis for nearly every import and export transaction and the resulting tax and tariff assessment and fees levied by Customs and other regulatory authorities worldwide. Selecting the correct product classification is critical for … Read More

Global Trade Trends: Aligning Customs with Transfer Pricing Operations

Global Trade Trends: Aligning Customs with Transfer Pricing Operations

By Taneli Ruda and Sam Cicogna As the pace and scope of global regulation around tax avoidance strategies continues to increase, transfer pricing policy is becoming top-of-mind for multinational companies. Of particular interest is how intra-company transfer pricing and customs work together—or sometimes don’t—so I asked Sam Cicogna, my colleague and a transfer pricing expert, … Read More

Brazil and Argentina – COD – Digital Certificate of Origin

Brazil and Argentina – COD – Digital Certificate of Origin

Ministers from Brazil and Argentina signed a document in order to guide the technical areas of both countries to continue with the Digital Certificate of Origin Pilot Project (COD), aiming to extend and deepen the bilateral trade as well as to promote integration between Brazil and Argentina. In addition, the deal with the Digital Certificate … Read More