News & Analysis as of

Transfer Pricing Customs

Jones Day

Navigating Tariffs and Income Taxes and Transfer Pricing

Jones Day on

In this new trade landscape, it is more important than ever to coordinate customs and operational planning with income taxes and transfer pricing....more

Womble Bond Dickinson

Bridging the Gap: Applying Anti-Money Laundering Techniques and AI to Combat Tariff Evasion

Womble Bond Dickinson on

In today's global economy, characterized by complex supply chains and escalating trade tensions, tariff evasion has emerged as a significant threat to economic stability, fair competition, and government revenue. Traditional...more

Roetzel & Andress

Federal Government Temporarily Postpones Certain Import Duties, Taxes, And Fees

Roetzel & Andress on

U.S. Customs and Border Protection (CBP) regulations were modified April 19, 2020 to temporarily postpone the deadline for importers of record who have suffered “significant financial hardship” to deposit estimated duties,...more

Akin Gump Strauss Hauer & Feld LLP

Red Notice Newsletter - Russian

ANTICORRUPTION DEVELOPMENTS - Mega International Commercial Bank Co. Ltd. Fined $29 Million - On January 17, 2018, the U.S. Federal Reserve Board assessed Taiwan based bank Mega International Commercial Bank Co. Ltd. a...more

Akin Gump Strauss Hauer & Feld LLP

Red Notice Newsletter - Chinese

ANTICORRUPTION DEVELOPMENTS - Mega International Commercial Bank Co. Ltd. Fined $29 Million - On January 17, 2018, the U.S. Federal Reserve Board assessed Taiwan based bank Mega International Commercial Bank Co. Ltd. a...more

Akin Gump Strauss Hauer & Feld LLP

Red Notice Newsletter - January 2018

ANTICORRUPTION DEVELOPMENTS - Mega International Commercial Bank Co. Ltd. Fined $29 Million - On January 17, 2018, the U.S. Federal Reserve Board assessed Taiwan based bank Mega International Commercial Bank Co. Ltd....more

Akin Gump Strauss Hauer & Feld LLP

European Court of Justice: Intercompany Pricing Cannot Be Used For EU Import/Customs Purposes If Subject to Adjustments

• A recent judgment of the European Court of Justice for bars the use of intercompany transfer prices for EU imports and EU customs duty purposes if (as is commonly the case) these are subject to retroactive adjustments. ...more

Bennett Jones LLP

WCO Technical Committee on Customs Valuation Sanctions Use of Transfer Pricing Studies

Bennett Jones LLP on

To support the use of transfer pricing studies as an aid in establishing that prices paid or payable are not influenced by the relationship between vendor and purchaser, the World Customs Organization (WCO) has sought for...more

Bennett Jones LLP

Transfer Pricing Customs Duty Refund Applications – Let’s Do it Right

Bennett Jones LLP on

The Canada Border Services Agency (CBSA) has informed the Canadian importing community that importers may be entitled to obtain customs duty refunds in connection with downward transfer pricing adjustments having the effect...more

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