Customs & International Trade

This final session led by Louise Bohmann from PriceWaterhouseCoopers LLP, provides an overview of customs valuation and the declaration of assists and royalty structuring for companies with significant import activity.  This section will also feature a discussion of enforcement procedures by US Customs & Border Protection and the penalty framework for non-compliance.

Learning Objectives:

I.   Understand US customs valuation rules 

II.  Identify the requirements for the declaration of “assists”

III. Summarize dutiability of royalties 

IV. Recognize royalty structuring 

V.  Explain US Customs penalty framework for non-compliance and enforcement