Allyn Publications

Puerto Rico Sales Tax Revenue Frozen

Posted on July 14, 2017. Category: Tax Publications

Puerto Rico’s plans to reduce a $123 billion dollar debt comprised of bonds and unfunded pensions has created contentious opposition from two distinct groups of creditors in federal court. What is in debate is the liquidation preference of $400 million dollars in sales tax revenue generated by Puerto Rico and which groups of creditors will be repaid first.Half of Puerto Rico’s sales tax revenues were originally used to fund bonds issued by COFINA, the Puerto Rico Urgent Interest Fund Corporation owned by the commonwealth of Puerto Rico. This entity uses that portion of taxes in repayment of... Read More

India, Samples, and Export Paperwork

Posted on July 11, 2017. Category: Logistics Publications

Most people in the export industry are aware of the complications regarding shipping goods to India.  While many businesses operate globally and have facilities in the United States and India, concerns still arise with customs, duties, and requirements for additional paperwork.  Indeed, shipping no-cost items to India has become more arduous within the last 30 days.There are rules regarding no-cost samples sent to India, and some of the rules are easily located on Customs India.  However, there are recent changes that can only be learned by experience, which we will impart to you in this article... Read More

ALA Touch Update: Premium Approval

Posted on July 05, 2017. Category: Logistics Publications

Ala touch approval screen The newest release of Allyn’s ALA Touch mobile application allows premium freight authorizations to be processed through the application. Once a premium freight request is submitted, the approver will get a notification indicating that they have a pending approval request. To complete the approval process, open the application and approve or reject the premium freight request. This new feature will streamline the premium freight approval process and limit the amount of time that requests are pending, as approvers can now approve premium shipments on the go.Approvers and approval levels can be customized based on the needs of... Read More

Texas: Tax Exempt Employee Services

Posted on July 03, 2017. Category: Tax Publications

Generally, a temporary employee is defined as an individual hired for less than nine months in a full or part-time position. Broadly stated, a ‘temp’ is in an employment situation where the employee is expected to remain in a position for only a set period of time. In Texas, there are specific employment characteristics that exist to qualify one for a sales tax exemption program aimed at services provided by a temporary employee:The service the temporary employee is brought on board to perform is normally carried out by the host employer’s own employees. All supplies... Read More

Maersk Still Dealing With Effects of Cyberattack

Posted on June 29, 2017. Category: Logistics Publications

Triple-e-intro Maersk Line, which was hit by the Petya Cyberattack on June 27th, is still working to get all operations back to normal.  The attack on the world’s biggest container line initially crippled the IT infrastructure of the company and forced them to shut down IT systems company-wide.  Most affected was the company’s ability to book, quote, E-mail or exchange data with customers.Most affected terminals are now up and running and the company is once again taking online bookings and handling cargo in transit.  There remain issues with communication and EDI but operations... Read More

The New Ocean Alliances

Posted on June 15, 2017. Category: Logistics Publications

On April 1, 2017, the four ocean carrier alliances (2M/CKYHE/G6/O3) became three alliances (2M/Ocean Alliance/THE Alliance).Here is how each new alliance is comprised:1. 2M Alliance: Maersk Line and MSC along with a cooperation agreement with HMM and Hamburg SUD2. Ocean Alliance: CMA, COSCO, Evergreen, OOCL, APL3. THE Alliance: Hapag-Lloyd, Yangming, UASC, NYK, MOL, K-LINEThese changes will matter significantly to most shippers as these carriers will now represent close to 80% of the global container trade. The following could be impacted by these new alliances:1. Ocean Rates – Alliances offer more sailings with fewer vessels, and as... Read More

Logistical Challenges and One-Man Logistics Operations

Posted on June 14, 2017. Category: Logistics Publications

Logistics is known as “the detailed coordination of a complex operation involving many people, facilities, or supplies” (Waite, 2013), often related to business operations and the movement of items from one location to another.  When the logistics coordinator, specialist, or manager is considered, the question is raised as to what this professional does on a day-to-day basis. A logistics coordinator arranges shipments, processes international paperwork, maintains contact between different shipping and receiving parties, acts as a customer service agent, and (depending on the position responsibilities) has a strong working knowledge of hazardous materials transport.  Moving goods... Read More

Maryland Job Creation Tax Credit

Posted on June 13, 2017. Category: Tax Publications

Effective July 1, 2017 certain businesses may be eligible for a job creation tax credit for creating new qualified positions in Maryland.  Eligibility is determined by an organization’s ability to establish or expand a business facility in Maryland during any 24-month period within the scope of the program. The focus of this program is to increase investment in counties with an annual average employment less than 75,000 or a median household income less than two-thirds of the statewide median household income.The current program ends effective January 1, 2020, but has extension potential through the authority of the Maryland General Assembly dependent... Read More

Trade Facilitation Changes in Russia

Posted on June 12, 2017. Category: Trade Publications

In 2005, ninety-five member countries of the World Customs Organization approved in writing the SAFE security frame standards that aim to promote international trade,  economic activity and minimize the effect of modern technological challenges to supply chain, including risks imposed by terrorism. Specifically, the SAFE Framework establishes standards that provide supply chain security, integrate and harmonize supply chain management for all modes, enhance local Customs capabilities and functions, strengthen customs/business co-operation and promote seamless movement of goods.   To that end Russia has recently begun taking steps that further align their Customs and trade facilitation with the principles... Read More

Current Events – June 2017

Posted on June 09, 2017. Category: Logistics Publications

Venezuela, Sri Lanka, Great Britain.  These are three countries that you may or may not pay attention to their current events.  But did you know what’s happening in those countries and how it may affect your job?  Certainly, the recent terrorist attacks in Great Britain have been covered well in the media – but what of the current issues in Venezuela and Sri Lanka?   Probably not covered enough in the US.  Venezuela has been in the midst of massive protests, spurred by political issues, food shortages, and rising crime.   Sri... Read More

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