PGA Highlights: April 2014
In United States, The following events have been taken place under the several PGA during the month of April 2014. Agencies Summary Link Federal Register Labeling of Pesticide Products and Devices for Export: This action will allow placement
See MoreLuxembourg Lowers Shipping Registration Levy
Luxembourg has issued a draft regulation that would reduce shipping registration duties. The duties are computed by reference to a vessel’s tonnage, determined when the ship is first registered in Luxembourg. Although Luxembourg is a landlocked
See MorePGA Highlights: March 2014
In United States, following events have been occurred under the several PGA during the month of March 2014. Agencies Summary Link CBP New Outlook CBP Website: The appearance of the U.S. Customs and Border Protection’s website has
See MoreNew Zealand and China set new trade goals
New Zealand and China have agreed to update their free trade agreement with the objective of increasing mutual trade to reach a value of USD 30 billion by the year 2020. This follows two meetings in the past year between the New Zealand Prime
See MoreUS: Talks to Expand Duty-Free IT Agreement Deadlocked
Talks in the World Trade Organization (WTO) on broadening the scope of the Information Technology Agreement continue to be deadlocked after eleven days of negotiations. The product coverage of the existing agreement has not been updated since 1996,
See MoreLithuania: Increase in excise duty on alcohol
Lithuania's Prime Minister has confirmed that the only tax change currently planned is a change to excise duty on alcohol, which will be phased in over three years. The proposal was recently supported by the ruling coalition's Political Council, to
See MoreChina becomes largest trader of goods in the world
From the preliminary statistics produced by the Secretariat of the World Trade Organization, it appears that China became the biggest trader of goods in the world for the first time last year, overtaking the US. The total volume of China’s trade
See MoreCanada: New tax on digital imports
Canada is considering a sales tax on E-commerce supplies made by foreign businesses to residents of Canada. At present people that import digital services should self-assess GST unless the services are used at least 90% for business purposes.
See MorePGA Highlights: February 2014
In United States, The following events have been taken place under the several PGA during the month of February 2014. Agencies Summary Link Federal Register Change in Size Requirements for Importing Oranges: This rule relaxes the minimum size
See MorePGA Highlights: January 2014
In United States, The following events have been taken place under the several PGA during the month of January 2014. Agencies Summary Link Federal Register Importation of Fresh Bananas From the Philippines Into Hawaii and U.S. Territories: A
See MorePGA Highlights: December 2013
In United States, following events have been occurred under the several PGA during the month of December 2013. Agencies Summary Link Federal Register Importation of Fresh Apricots From Continental Spain: This action will allow for the
See MoreBulgaria: Intrastat reporting threshold changed in 2014
Bulgaria has changed its 2014 Intrastat reporting thresholds with effect from 1 January 2014. The current arrivals (imports from other EU member states) threshold of BGN 240,000 has been increased to BGN 360,000; while current despatches (exports to
See MoreUK: Increase in 2014 intrastat reporting thresholds
The United Kingdom has updated the annual reporting thresholds for Intrastat declarations from 1 January 2014. For arrivals (import of goods from other EU member states) the threshold will rise from GBP600,000 to GBP1,200,000 per annum; and for
See MoreRussia-Amendments in Import, Export Procedures
The termination of agreement between Russia and the national guaranteeing association for TIR operations has ensured by Russia’s customs service on December 1, 2013. The TIR carnet, customs transit document, exhibits the presence of an
See MoreVietnam: Rubber export tariffs possible to be cut
Vietnam’s Ministry of Finance issued a Circular on 13 November 2013 it was reported that, reducing export tax rates on both natural and synthetic rubber exports exports from December 26, 2013. With this Circular, the export tariff on all rubber
See MorePGA Highlights: November 2013
In United States, following events have been occurred under the several PGA during the month of November 2013. Agencies Summary Link Federal Register Fresh Beans, Shelled or in Pods Importation from Jordan into the Continental United States: A
See MoreArgentina-Introduces surcharge on foreign currency
The Argentine Federal Tax Authorities (AFIP) issued General Resolution No. 3550/2013 which has become effective on 3 December 2013. The general resolution increases the scope of the reverse withholding surcharge which will be applicable to certain
See MorePGA Highlights: October 2013
In United States, following events have been occurred under the several PGA during the month of October 2013. Agencies Summary Link Federal Register Cold Treatment for Fresh Fruits and Vegetables; MidAmerica St. Louis Airport, Mascoutah,
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