Resources
Publications
Allyn Publications
Baby Formula Shortage Underscores Supply Chain Struggles; US Plans to Ease Import Restrictions
May 19, 2022.
Logistics Publications, Trade Publications
A sudden nationwide shortage of baby formula has served as a stark reminder that supply chain woes continue to be felt midway through 2022. Across the United States, 40% of formula is currently out of stock, while individual states are seeing even more acute supply gaps, which have increased by 2,000% since January.... Read More
CBP Specialists Intercept Rare Pest
May 17, 2022.
Logistics Publications, Trade Publications
U.S. Customs and Border Protection is one of the world’s largest law enforcement organizations. This is understandable when you consider CBP’s wide ranging mission that includes things like counter terrorism, combatting transnational crime, securing our borders, facilitating lawful trade, and of course, collecting duty and... Read More
Does Artificial Intelligence have a place in HTS Classification?
May 16, 2022.
Logistics Publications, Trade Publications
International Trade is complex and often quite meticulous. The industry continues to grow more and more complex as technology advances and relationships among countries evolve. Continuous advances in technology force industry leaders to consider things they have never considered before. In 1990, world trade leaders probably were not debating where we... Read More
German / America Trade Compliance (German)
May 12, 2022.
Logistics Publications, Trade Publications
Deutschland und die Vereinigten Staaten von Amerika sind nicht nur internationale Supermächte im Sinne von Kriegsführung und globalem Einfluss, sie sind auch Weltmarktführer im internationalen Handel und Export. 1955, während der Nachkriegsbesetzung Deutschlands, nahmen die Vereinigten Staaten „diplomatische Beziehungen zu Westdeutschland auf,... Read More
German / American Trade Compliance
May 12, 2022.
Logistics Publications, Trade Publications
Germany and the United States of America are not simply international superpowers in the sense of warfare and global influence, they are also world leaders in international trade and exports. In 1955, during the post-war occupation of Germany, the United States, “established diplomatic relations with West Germany, which included the... Read More
U.K. Trade Minister Aims to Strike “Mini” Deals with U.S. Individual States
May 03, 2022.
Trade Publications
Penny Mordaunt, U.K. Minister of Trade, toured several U.S. states to begin a discussion about trading with states individually. Mordaunt said as a country, the United States “has more to do to be ready for an FTA.” She now spends time negotiating with officials in California,... Read More
Business Personal Property Tax Considerations
May 03, 2022.
Tax Publications
Whether you’re a business that’s just starting out, or an established one looking to expand into another state, obviously there are a multitude of factors (tax and otherwise) to be considered. Regarding the business personal property tax piece of the equation - if you have a... Read More
Freeport Tax Exemptions in TX, MS, and GA
May 03, 2022.
Tax Publications
Freeport tax exemptions are business personal property exemptions that apply to inventory which has been in a jurisdiction for a short period of time, usually less than a year. This exemption can be a significant source of savings for companies doing business in Georgia, Mississippi, and Texas by reducing their... Read More
The Use of Technologies in Customs Procedures
May 03, 2022.
Logistics Publications, Trade Publications
For years, international organizations have been involved in promoting new strategies to enhance international trade under the globalization framework. Perhaps no aspect of trade has played a bigger part in the globalization and facilitation of trade than technology. A significant increase in e-commerce has created a need for better and... Read More
In Case You Missed It: Last Week in Allyn Tax News (April 25-29)
May 02, 2022.
Tax Publications
An Apple a Day Keeps the Sales Tax Away – Connecticut Online Learning Rendered Nontaxable The true object test comes into play when determining the taxability of online learning plans and courses. Online learning plans are generally not subject to sales and use tax as digital goods because the true... Read More
Potential for Change in Section 301 Tariffs
April 28, 2022.
Trade Publications
The Biden Administration is evaluating the potential to lower tariffs on non-strategic goods imported from China, as a measure to help combat inflation and advance strategic political and economic priorities. On April 21st, 2022, Reuters reported Deputy National Security Adviser Daleep Singh’s comments on the potential of restructuring Section 301... Read More
Tax Technology and Automation
April 22, 2022.
Tax Publications
The challenges of preparing and reporting indirect tax data are increasing. There are constantly changing requirements and regulations, as well as very large data sets which are often from disparate systems and at times unstructured. For many tax professionals, the most common tool that is used to process... Read More