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Return to PublicationsInternet Tax Freedom Act Extension
December 18, 2014.
Tax Publications
Congress Passes Appropriations Bill Including Internet Tax Freedom Act Extension Congress passed H.R. 83, the “Consolidated and Further Appropriations Act, 2015” on December 13, 2014. By doing so, the Internet Tax Freedom Act was extended through October 1, 2015. The Internet Tax Freedom Act imposes a temporary moratorium on US states from taxing...
Read MoreFalling Oil Prices Will Continue to Impact Global Economy in 2015
December 17, 2014.
Logistics Publications
As oil prices continue to hover around $66 a barrel, the impacts are having far more effects on the global economy. Global crude prices have dropped from a high of around $115 per barrel just this past June. Countries which consume the most oil will benefit the most from lower transportation...
Read MoreAsk the Experts: Are hand-carried items held to the same export regulations as cargo?
December 17, 2014.
Logistics Publications
Yes. Any commercial item traveling on-person, with allowable carry-ons, or with checked luggage are considered a hand-carried export. While it is strongly encouraged that commercial items be handled by approved freight forwarders and clearing agents, there are situations which may require a hand-carried export during employee travel. These...
Read MoreTaxing Services in Our Intangible World
December 16, 2014.
Tax Publications
With services accounting for an ever larger share of consumption in the United States, many tax professionals are calling for states to expand their tax bases. Traditionally, state sales taxes have applied to only tangible goods, such as cars, furniture and other tangible goods. The world has changed...
Read MoreBest in Class Concepts for 2015
December 04, 2014.
Trade Publications
With the New Year quickly approaching, the timing is right to create a compliance plan for 2015. The coming year is the ideal time to move forward with new trade compliance ideas. Below are five concepts that will help you ensure a best in class compliance program. These five areas...
Read MoreWTO Successfully Completes Agreement
December 04, 2014.
Trade Publications
The World Trade Organization (WTO) has finally agreed on a major deal that has been in the works for over a year. The Trade Facilitation Agreement (FTA) is designed to increase trade between countries by reducing legal challenges and costs. The agreement, anticipated to add $1 trillion to the world economy,...
Read MoreMake NAFTA Work For You In 2015
December 03, 2014.
Trade Publications
The terms of the North American Free Trade Agreement (NAFTA) can be an important tool in your savings initiative toolbox. Learn how to make NAFTA work for you in the New Year by utilizing the below tips from our NAFTA experts. Understand the Agreement Savvy businesses have effectively used NAFTA...
Read MoreUS West Coast Port Contract Talks & Congestions - Update
November 20, 2014.
Logistics Publications
The contract between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) expired on July 1 without a new contract or contract extension in place. Both parties have continuously worked through the extended contract negotiations and on August 26th the parties reached a tentative agreement on...
Read MoreNew York State Franchise Tax Rate Changes for 2014 and Beyond
November 18, 2014.
Tax Publications
Part of the sweeping corporate franchise tax changes New York Governor Andrew Cuomo signed recently impacted the tax rates. This article will illustrate the rate changes that were impacted. Type of New York Businesses New York Article 9-A designates three classes of corporations for tax rate purposes: Qualified...
Read MoreThe End of the Road for Traditional Trucking? Driverless Trucks May Be a Reality in 10 Years
November 03, 2014.
Logistics Publications
In 2025, you might look into your car rear-view mirror and see a driverless truck behind you, predicts German automobile manufacturer, Daimler. Along with this prediction come benefitsfor the European - and possibly global - cargo industry. During the recent Internationale Automobil-Ausstellung (IAA), or the German Automobile Show for Commercial...
Read MoreCBP Announces Changes to Focused Assessment Process
October 07, 2014.
Trade Publications
U.S. Customs and Border Protection (CBP) advised that as of October 1st, changes have been adopted that address the way that focused assessments are conducted. The changes to this program will bring the focused assessment process in line with current Government Auditing Standards and will place emphasis on...
Read MoreTrade Compliance in Challenging Regions
September 30, 2014.
Trade Publications
The goal of any trade compliance organization is to set forth processes with qualified people and partners so that all imports will be declared correctly in their respective country. While this can be managed quite easily in North America and Europe, it continues to be a challenge in more difficult...
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