Read more about how customs value works and strategies to mitigate the tariff burden here.. At KPMG, we make the difference by creating more opportunities to move your business forward.

As most multinationals that import goods know well, setting cross-border intercompany transfer prices between U.S. and foreign affiliates poses both income tax and customs valuation issues. More ...

The Customs valuation statute is found in 19 U.S.C. § 1401a and requires the value for imports to be based on transaction value, ... Although most misclassification errors are inadvertent, ...

Full compliance with international regulations, standards, and best practices (WCO HS, WTO Agreement on Customs Valuation, SAFE framework, etc.). The Webb Valuation solution integrates all modules, ...

Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 (Customs Valuation Agreement) 2001 Doha Ministerial Decision on Implementation-related Issues and Concerns ...

The Court of Justice of the European Union (“Court”) just released its judgement in Case C-1/18 Oribalt Riga concerning the customs valuation methodologies applicable to generic medicines in ...

Director General Valuation, Amir Muhammad Khan Marwat has said that the customs valuation rulings are mainly issued in respect of risk-prone items where chances of under invoicing are at a peak.

Companies are hunting for creative ways to cut the customs value of their imports to the US in an effort to blunt the financial impact of President Donald Trump’s punitive tariffs.