FEI Toledo | Gold Partner PD Session | William Vaughan Company | The Link Between Transfer Pricing & Customs Duties

The Link Between Transfer Pricing & Customs Duties Customs authorities use somewhat different methods from income tax authorities to value intercompany cross-border transactions in tangible goods. Join William Vaughan Company in conjunction with BDO USA, LLP for a discussion about the link between transfer pricing and customs value and the key ingredients for transaction value between related companies.

Learning Objectives:
· Learn the key differences in the customs rules and those of the income tax authorities.
· Understand the importance of linking tax and trade professionals to manage the intercompany pricing process.
· Identify common pitfalls that can lead to missed duty recovery opportunities or segue into customs audits.
· Evaluate the applicability of post importation transfer pricing adjustments to the transaction value formula and tools for successfully claiming customs duty refunds.
· Learn strategies companies can employ to legally reduce customs value and key considerations for customs duty reduction programs.

4:30 p.m. Networking
5:00 p.m. Presentation
6:00 p.m. Networking     
(1 CPE credit)
 

Speakers

Mr. Damon Pike

Principal, International Tax - Customs & International Trade Services
BDO USA, P.C.

Anna Zajac

Senior Manager, STS Customs and International Trade Services
BDO

Credits

1.00 CPE
Basic

Method

group-live

Field

Taxes, Technical

Prerequisites

None

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