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United States Passes Total Goods Ban on all Products from Xinjiang Province due to Forced Labor Allegations

On December 16, the US Senate unanimously passed a bill to effectively ban the import of goods from the Xinjiang region in China, a critical step after the House passed the same bill days earlier. President Biden is expected to sign the legislation in a move widely seen as an…

Liquefied Natural Gas (LNG) Tankers - Saving Europe from Freezing?

Changes Coming in 2022 to Section 301, Section 201, and AD/CVD Regulations

On January 20, 2022, a coalition of 140 bipartisan U.S. lawmakers sent a letter to the Ambassador of the Office of U.S. Trade Representative, Katherine Tai, requesting immediate approval and implementation of Section 301 exemptions. The lawmakers claimed that failure to do so would irreparably harm US businesses in multiple…

Vaccinated Travel Lanes (VTL) for Singapore-Malaysia

Singapore-Malaysia land VTL to be launched on Nov 29, travelers must use designated bus services. The initial land VTL arrangement, travelers whom only eligible for citizens, permanent residents, or long-term pass holders of the country that they are entering without the need for quarantine. On 20 December 2021 (Monday), Singapore's…

Licensing 101

When you delve into the broad corporate term of “licensing,” you’ll find a myriad of subtitles: Business, dealer, manufacturer, sales tax, delivery, master, privilege, hazmat, merchant, leasing, occupational, etc. The list goes on and on. The necessary data that drives each filing can be as varied. For example, it could…

3 Essentials of Exemption Certificates

Exemption Certificates Introduction To know if an exemption or resale certificate your business receives or issues is valid, it is important to understand what this document entails. An exemption or resale certificate is a form or document issued by a business to ensure sales tax is not applied to their…

Consumer’s Use Tax vs. Seller’s Use Tax: Nearly Every Business owes Use Tax

Use Tax Overview Use tax is defined as a tax on the storage, use, or consumption of a taxable item or service on which no sales tax has been paid. It is known as a complementary tax to sales tax and can be applied if a different state sales tax…

Last Week in Allyn Tax News

Taxable Values: Don’t Be Afraid to Appeal Every year companies must file business personal property returns to the various local taxing authorities where they hold assets. These returns determine the taxable values that those authorities use to calculate your annual business property tax. Most jurisdictions, upon receipt of the return,…

The Future of The Global Supply Chain

The COVID- 19 pandemic brought significant challenges for the supply chain, the rapid spread of the virus, the international shootdowns, and the logistic disruptions reduced industrial and transportation activities creating chaos in the global supply chain. Mike Mayran, the director for the Massachusetts Port Authority says, “There was not a…

Allyn International Donates Gifts to Foster Care Advisory Services

FORT MYERS, Fla. (December 1, 2021) – Allyn International (Allyn), a local supply chain consulting firm, will be donating approximately 300 toys with a value of $5,000 to Foster Care Advisory Services (FCAS). FCAS will be picking up all of the gifts next Tuesday, December 7th at 11:00am at the…

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