New Directions In Customs Valuation

Law360, New York (November 16, 2011, 12:58 PM EST) -- Several recent developments evident at U.S. Customs and Border Protection are signaling a new, more reasonable application of Customs laws and regulations in the area of valuation that are more reflective of commercial realities in a global economic environment. In September, CBP requested public comment on a proposed revocation of a headquarters ruling letter relating to the applicability of transaction value and post-importation adjustments to prices.

The key proposed changes are that CBP would now recognize post-importation adjustments to transfer prices without casting doubt on the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.