Recommended Reading: How to Save Customs Duty Revealed

Posted by Caroline Brown on Wed, Jul, 22 2009 @ 8:54 AM

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Although not frequently updated, How to Save Customs Duty Revealed has some good resources on importing and exporting in the UK.

Recently the author covered what kinds of customs risks companies encounter in international transactions:

  1. Customs Valuation contradictions
  2. Method of Valuation: Quantifying adjustments
  3. Related Party Transactions
  4. Royalties, R&D Costs, Interest Charges, Design & Development Work
  5. Customs implications of R&D cost-sharing agreements and royalty & financing agreements

Check out the details on these topics at How to Save Customs Duty Revealed.

Webinar: Automating Related Party Trade at Agilent

With related party shipments accounting for over 40% of all trade, multi-national organizations are looking to adopt global transaction processing. This webinar will demonstrate how an increased level of automation and validation from the export to the import entry can reduce costs and increase pre-clearance rates and cycle times, while demonstrating the highest levels of reasonable care.

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Topics: Export Management, Restricted Party Screening