Insights

This Week in Tax New (May 8-12, 2023)

May 12, 2023.
Tax Publications

Let’s Get Growing Maine Revenue Services has replaced the Tree Growth Tax Law Valuations for 2023. Effective May 2, 2023, the new rule supplies the valuation rates for each forest type by county for 2023. When property is enrolled in the Maine Tree Growth Tax program it may help reduce property taxes...

Retroactive Tariffs on Solar Products Coming

May 05, 2023.
Logistics Publications, Trade Publications

The U.S. Senate voted on May 3, 2023, to reinstate tariffs on solar products from Thailand, Vietnam, Malaysia, and Cambodia. This comes after President Biden used a Trump-era policy to lift them. Biden aimed at increasing U.S. solar production and fighting climate change when he used the policy to create...

Allyn International Contributes more than $8000 to Local Charity, LEAD Estero

April 24, 2023.

Allyn International Contributes more than $8000 to Local Charity, LEAD Estero FORT MYERS, Fla. (April 24, 2023) – Allyn International (Allyn), a local supply chain consulting firm, has donated $8,415.30 to LEAD Estero. Each quarter at Allyn, an employee is given the opportunity to raise funds for a nonprofit of their choice. For Allyn...

In Case You Missed It: Last Week in Sales Tax News

April 21, 2023.
Tax Publications

In Case You Missed It: Last Week in Sales Tax News Storm Warning! The Texas Comptroller of Public Accounts reminds taxpayers that the emergency preparation supplies sales tax holiday for 2023 will begin on Saturday, April 22 and end on Monday, April 24. The emergencies relate to natural disasters that causes physical...

Nearshoring, the new commercial strategy between Mexico and the US

April 21, 2023.

Throughout history, world economy has been evolving and adapting to new productive, logistical, and financial needs, derived from international phenomena. Covid 19 has exposed problems in the supply chains in a globalized world, high cost in transportation from the point of manufacture to the sales point, caused a series of important...

Understanding the Different Levels of Logistics Operations: A Closer Look at 4PL

April 07, 2023.
Logistics Publications, Trade Publications

In our previous article, we explored the different levels of logistics operations and their advantages in greater detail. In this article, we will delve further into the fourth-party logistics (4PL) services. What Is 4PL? A fourth-party logistics (4PL) acts as a control tower that oversees all...

Understanding the Different Levels of Logistics Operations

April 03, 2023.
Logistics Publications, Trade Publications

Logistics is a critical component of many businesses, and as such, it's essential to have a clear understanding of the different types of logistics operations available. From first-party logistics (1PL) to fifth-party logistics (5PL), each level of logistics operation provides a unique set of benefits and challenges. In this...

The Hidden “Lane” of Logistics: Communication in the Modern Global Market

April 03, 2023.
Logistics Publications, Trade Publications

When a company wants to move a good or series of goods for a client from its warehouse in country X to country Y, when does the shipment start? Is it when the order is placed by the client? Is it when the material is handed over to logistics via...

Exploring new markets in the Caribbean, Pacific, or Sub-Saharan Africa? Get to know ASCYCUDA.

March 31, 2023.
Logistics Publications, Trade Publications

Firms often avoid unfamiliar markets, such as small islands and least-developed countries (LDCs) when choosing their export locations. This is due to a false impression that such regions are not well connected to the global trade network from either the customs or the brokerage side. In reality, most least developed...

Single Import Declaration, DUIMP - Brazil

March 30, 2023.
Logistics Publications, Trade Publications

Importing goods from Brazil is a bureaucratic and time-consuming process. Brazil is famous for having several trade barriers, a result of its complex customs processes. Yes, indeed, importing to Brazil is complicated. But what is the solution? In 2018, the implementation of a new import system began, the NPI – New...

UK-EU Free Trade Agreement Pending

March 29, 2023.
Logistics Publications, Trade Publications

Since Brexit, British Prime Minister Rishi Sunak has been hard at work with a new trade agreement know as the “Windsor Framework” to respect the “legitimate” interest of the respective markets. Brexit happened on Jan 31, 2020, and the Northern Ireland Protocol has been a subject of...

CARM update coming to CA imports in Oct 2023. What do importers need to know?

March 27, 2023.
Trade Publications

What is CARM? The Canada Border Services Agency (CBSA) Assessment and Revenue Management Project is a multiyear project that will transform the collection of duties and taxes for goods imported into Canada. This process will be modernized and streamlined through CARM. What’s Changed? Before CARM, importers...