FCC: What do you mean radio waves are regulated?

Posted on March 11, 2016. Category: Trade Publications

Trade compliance professionals love acronyms. Accustomed to an alphabet soup of government agencies and trade programs, trade professionals use acronyms in their jargon frequently. That said, some acronyms, like FCC, are known but their importance, particularly in product importation is not clearly understood.What is the FCC?The FCC stands for the Federal Communications Commission. The FCC is a US government agency, overseen by Congress that regulates interstate and international communications by radio, television, wire, satellite and cable. FCC is important to trade compliance because it helps protect communications and communication devices in the US.The FCC has six goals:...

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The Transaction Value Blues

Posted on March 11, 2016. Category: Trade Publications

When shipping goods internationally, one of the most common mistakes is the inaccurate valuation of goods. Valuation is the appraisement of a product for duty estimates. Improper valuation can result in the under or over payment of duties and taxes. The impact on duties and taxes makes valuation a high priority for Customs, which means that it is extremely regulated and has high visibility. Customs uses a series of methods to monitor and assess whether or not prices are being established compliantly.6 Methods for Determining the Transaction Value of a GoodThe Trade Agreement of 1979 provides for six methods for...

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Self-Driving Vehicles Changing Logistics

Posted on February 25, 2016. Category: Logistics Publications

The logistics industry is constantly evolving to keep up with new trends and current issues and in today’s world.  Technological advancement is often a solution for increasing efficiency and resolving problems. One of these technological advancements that can change logistics is the introduction of automated vehicles. Automated vehicles can present many benefits such as increased customer satisfaction, increased truck availability, increased efficiency and a lower cost of freight.According to DHL, a global third-party logistics (3PL) company, the logistics field will be a leader in adopting automated vehicles.  These autonomous vehicles are not only limited to...

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The Influence of the Oil Price on Upstream Oil & Gas Logistics

Posted on February 22, 2016. Category: Logistics Publications

Since mid-2014 we have witnessed a steep decline in the price of oil, with a significant drop over the recent months. As you may know, this has had a significant impact on operations within the Oil & Gas industry; however most operators (and governments) anticipated a price level far above $80 USD, while in reality the price was $27 USD for Brent crude oil in January 2016.The first action item for an organization facing financial pressure is to challenge current expenditures and question the need of any planned future investments. The main challenge is finding the right balance, making sure to correctly...

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U.S. Approves Crude Oil Export Swaps With Mexico

Posted on February 22, 2016. Category: Logistics Publications

The United States has prohibited most domestic crude exports for the past forty years.  Producers including Exxon Mobil Corp. and ConocoPhillips have called for an end to the restrictions.   In August 2015, the Government agreed to allow some light oil to flow to Mexico in exchange for heavier Mexican crude.The crude export ban has been in place since the 1970s and was designed to protect domestic energy supplies and reduce reliance on oil from the Middle East and other overseas countries. Nevertheless, some shipments to Canada are allowed under the law, and exports of refined products aren...

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Find Out the Latest Trends in Logistics

Posted on February 17, 2016. Category: Logistics Publications

What's shaping the Logistics industry in 2016? Fast, Faster, Now: Now-deliveryEven though it has been trending in the logistics industry for quite some time, same-day delivery might have already become yesterday’s news, without ever being fully implemented. Developments may take us from same-day delivery services to now-delivery, meaning delivery of goods ordered via the internet within half an hour. This is what Amazon promises with its new delivery drone. There is not really a distinction between same-day delivery and now-delivery, because even delivery on the same day is not yet fully developed...

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Find Out the Latest Trends in Trade Compliance

Posted on February 17, 2016. Category: Trade Publications

What’s shaping the Trade Compliance industry in 2016? Foreign Direct Investment  On Monday, December 3, 2015, The Bureau of Economic Analysis released statistics indicating that the United States remained the number one choice for foreign direct investment (FDI). FDI accounts for approximately 23% of all US exports.  Among the FDI trends was a spike of Greenfield Investments with Acquisitions accounting for more than $224.7 billion of the $241.3 billion dollar FDI total. The statistics also capture planned FDI investments and indicate that investments in manufacturing will be the most prominent.Allyn International can assist companies in an ever changing global economy....

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Find Out the Latest Trends in Tax

Posted on February 17, 2016. Category: Tax Publications

What’s shaping the Tax industry in 2016? Comparing the 2016 Presidential Candidates’ tax reform proposalsThe 2016 Presidential Campaign has surfaced many different issues for Americans. Our tax policy is a hot topic for many of the debates. Are you up to date on the many different proposals the candidates are promising? An updated chart can be seen by clicking here: http://taxfoundation.org/comparing-2016-presidential-tax-reform-proposals Internet Tax Freedom Act, Stop and GoEnacted originally in 1998, ITFA allows consumer protection from taxes based on internet access as well as discriminatory taxes on e-commerce.  While the US...

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Obstacles Faced When Moving Mobile Offices

Posted on February 08, 2016. Category: Logistics Publications

When acquiring a mobile office, one must prepare for a number of difficulties involved with the transportation and delivery of the office. Some of the routine obstacles include:  over dimensional freight, road worthiness of units and driver restrictions. In addition to these “normal” transportation issues there are some niche obstacles that are faced by logistics companies, customers and transportation vendors. If all parties are committed to communicating effectively in a proactive manner, then a plan can be arranged that will ensure timely delivery.Unlike dropping a 53’ dry in a drop lot or a dock, these mobile...

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Michigan Changes Policy on Cloud Software

Posted on February 04, 2016. Category: Tax Publications

On January 6, 2016, the Michigan Department of Treasury issued a change in its policy concerning sales and use taxation on remotely accessed prewritten computer software.  The change comes after years of litigation in the Michigan courts. The Michigan Court of Appeals made their ruling after hearing Auto-Owners Insurance Company v Department of Treasury.  The issue at the center of the case was whether certain products were subject to the imposition of sales and use tax on prewritten software delivered in any manner.  The Court ruled in favor of Auto-Owners.  Consequently, the Department of Treasury announced that...

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