TRADEWIN: VALUATION FOR CUSTOMS PURPOSES SEMINAR

Presented by:
Shelley McIlwain, Senior Manager, US Trade Advisory Services, Tradewin

Thursday, March 22nd
1:00 p.m. - 4:00 p.m.
Check-in begins at 12:00 p.m.

Expeditors Dallas
506 East Dallas Road, Suite 400
Grapevine, TX 76051

This seminar is being offered at no cost, but space is limited so please register early!

Description
All merchandise imported into the United States is subject to appraisement. The Trade Agreements Act of 1979 sets forth six different methods of appraisement of imported merchandise.  Under the Customs Modernization Act, it is the responsibility of the importer of record to use “reasonable care” to “enter,” “classify,” and “value” imported goods. 

Topics to be discussed:

  • Transaction, deductive, and computed values
  • Related party transactions
  • Transfer pricing agreements
  • Assists
  • Royalties
  • Commissions
  • Packing costs
  • Freight, insurance, and other additions and deductions to price
  • How the Reconciliation Prototype is a good methodology for managing compliance in the areas of valuation and appraisement

About the Instructor
Shelley’s 20 years of experience includes both in-house compliance management and outside consulting.  Her specialties are duty mitigation, import and export controls and procedures, Focused Assessments, and post-transaction activities.  Shelley holds a BS in Accounting from the University of Oregon and is a US Licensed Customs Broker.