Shipper Any person whose primary business is the sale of merchandise may, without a license, dispatch and perform freight-forwarding services on behalf of their own shipments, or on behalf of shipments or consolidated shipments of a parent, subsidiary, affiliate, or associated company. You may not, however, receive compensation from the common carrier. A large...
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EXPORT CONTROLS Another area in which exporting differs from importing is the licensing required to control exports. The history of export controls in the United States is based on the presumption that all exported goods and technical documentation are subject to regulation by the government. This presumption is fundamentally different than most nations, which...
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Hot Tips to Avoid Export Control Violations • Determine whether you must have a validated export license. When in doubt, contact the Exporter’s Services Staff, Office of Export Administration for assistance (202-377-4811). • Fully describe commodities or technical data on export shipping documents. • Use the applicable destination-control statement on commercial invoices, air waybills,...
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TAX INCENTIVES FOR EXPORTING A prominent tax attorney once said, “Business in America? It’s all about taxes.” International business is no exception. Taxes on income derived from international trade are in accordance with current laws for other income except that tax incentives for exporting are substantial. No tax incentives apply on imports. Tax incentives...
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How to Gain Relief from Unfair Import Practices Remaining competitive in world markets is an internal management problem. The underlying elements are quantity, quality, and price. Nevertheless, government intervention is sometimes necessary when you learn about foreign firms who are not competing on what has become known as a “level playing ground.” Copies of...
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