Total results: 1330.
US Customs and Border Protection (CBP) will be adjusting certain user fees on October 1, 2022. The minimum merchandise processing fee (MPF) will be increased to $29.66 from $27.75 and the maximum will be raised to $575.35 from $538.40. MPF is assessed by CPB for most imports into the US…
In its native language, BRASIL, is the largest economy in South America and the third largest economy of the Americas, and yes, indeed, it is a very important player when the subject is trade of goods. However, people tend to know very little about it (Yes, there is more to…
New Startup Businesses should start looking into developing a trade compliance processes early on. A small business may not be a major concern for the government, but it is important to monitor and keep an eye on all imports and exports. Developing sound trade compliance processes early on can reduce…
What Do We Mean By “Tax Automation”? Two areas where technology can enhance tax compliance are in the data transformation and data visualization phases. The area with the largest opportunities to reap the benefits of automation is in the data transformation phase. Automation can reduce the amount of time preparing,…
Hawaii Golf Courses Assessed Below Par The County of Kauai has issued a regulation to clarify the process of accessing golf courses for real property tax purposes. In Kauai County, real property is normally assessed based on its highest and best use. Although golf courses have many functions including preservation…
Sales Tax is a tax on the sale, transfer, or exchange of a taxable item or service. It is generally added to the sales price and charged to the purchaser or ultimate consumer. Use tax is defined as a tax on the storage, use, or consumption of a taxable item…
If preparing, issuing, collecting, verifying, and storing exemption or resale certificates for exempt sales made in the US was not a daunting task previously, it most certainly is now. How a company manages these changes can have a positive effect on their state and local sales tax compliance as well…
In July 2022, CBP updated the Customs Trade Partnership Against Terrorism (CTPAT) Handbook to include considerations to combat Forced Labor. Applicants of the CTPAT program shall declare if they have strategies or programs in place to detect y eliminate forced labor within their supply chains. CBP has doubled down their…
Allyn offers tailored audit management services that address all elements of the audit from start to finish. We leverage our team’s multi-state tax experience, expertise, and best practices to regularly achieve savings in excess of six figures. Allyn provided sales and use tax audit support for a heavy equipment manufacturer…
Stay In The Know, While On The Go Just recently, California passed a budget trailer bill regarding the sale and use of diesel fuel. From October 1, 2022 to October 1, 2023, gross receipts from the sale, storage, use, or consumption of diesel fuel are exempt from sales and use…