Customs Valuation and Transfer Pricing Align for Multinationals

Customs Valuation and Transfer Pricing Align for Multinationals

The World Customs Organization (WCO) and the OECD jointly held a seminar in Pretoria, focusing on the nexus between customs valuation and transfer pricing. The conference promoted cooperation between tax and customs authorities, exploring the application of transfer pricing studies in customs valuation. It emphasized information sharing, aiming to build a fairer international trade environment. Discussions centered on how transfer pricing methodologies can inform customs valuation practices, ensuring accurate and equitable assessment of goods for duty purposes. The initiative seeks to enhance transparency and combat illicit financial flows related to trade.

12/30/2025 Customs Knowledge
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WCO Analyzes Customs Valuation and Transfer Pricing Challenges

WCO Analyzes Customs Valuation and Transfer Pricing Challenges

WCO Case Study 14.2 examines the relationship between customs valuation and transfer pricing, based on a Chinese case. It emphasizes cooperation between customs and tax authorities to help enterprises avoid valuation risks and enhance regulatory capabilities. The study highlights the importance of coordinated efforts in addressing the challenges posed by the intersection of these two areas in international trade. This collaboration aims to ensure fair and accurate valuation practices, contributing to a more transparent and efficient global trading system.

01/05/2026 Customs Knowledge
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LATAM Airlines Cargo Expands South America Shipping Options

LATAM Airlines Cargo Expands South America Shipping Options

This article provides a detailed overview of LATAM Airlines Group's air cargo services, highlighting its advantages, cargo tracking methods, hub airports, and key considerations for selection. It also explores LATAM's sustainability efforts and offers information on other airline code lookup tools. The aim is to provide international freight practitioners with a practical reference guide for understanding and utilizing LATAM's cargo solutions. This includes insights into their network, specific services offered, and how they contribute to a more sustainable air cargo industry.

08/22/2025 Airlines
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Ushuaia Airport Emerges As Key Logistics Hub for Antarctic Supply

Ushuaia Airport Emerges As Key Logistics Hub for Antarctic Supply

Ushuaia International Airport (USH) serves as a vital air link connecting Tierra del Fuego to the world. This article details the airport's three-letter code information, route network, and practical tools like the three-letter code query system provided by the West Coast Cargo Network. It emphasizes USH's significant role in air cargo operations and outlines future development prospects. The airport's strategic location makes it a crucial hub for transportation and logistics in the region, facilitating both passenger and freight services.

09/29/2025 Airport Codes
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Nantes Airport Emerges As Key Air Cargo Hub for Western France

Nantes Airport Emerges As Key Air Cargo Hub for Western France

Nantes Atlantique Airport (NTE), a vital air cargo hub in western France, boasts an extensive international route network and comprehensive cargo facilities. This analysis delves into Nantes Airport's cargo capacity, route network, and customs clearance requirements. It also introduces the West Coast Freight Network's three-letter code lookup system, aiming to provide businesses with comprehensive airfreight information to facilitate their international market expansion. The airport serves as a crucial gateway for businesses seeking efficient and reliable air cargo solutions in the region.

09/29/2025 Airport Codes
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Cuiab Airport Emerges As Key Air Cargo Hub in Brazil

Cuiab Airport Emerges As Key Air Cargo Hub in Brazil

Cuiabá Airport (CGB) is a vital gateway in Mato Grosso, Brazil, connecting major Brazilian cities and South America. As a customs airport, it plays a crucial role in air cargo. This article introduces basic airport information, direct routes, and cargo functionalities. It recommends using the West Coast Cargo Network's three-letter code search system to improve air freight efficiency. Looking ahead, Cuiabá Airport is poised to become a significant aviation hub in South America, facilitating trade and travel throughout the region.

09/29/2025 Airport Codes
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Cambodia Opens Stung Treng Airport As Key Inland Hub

Cambodia Opens Stung Treng Airport As Key Inland Hub

This article provides an in-depth analysis of Stung Treng Airport (TNX) in Cambodia, focusing on its three-letter code, geographical location, operational characteristics, and its role within Cambodia's air freight network. It highlights the operational limitations as a non-customs airport, the associated customs clearance requirements, and the practical search tools offered by West Coast Cargo, aiming to provide a detailed reference for international trade and logistics professionals. This information is crucial for understanding air cargo operations in this region.

09/28/2025 Airport Codes
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Aviation Industry Intelligence Key to Market Dominance

Aviation Industry Intelligence Key to Market Dominance

This article introduces IATA's aviation intelligence solutions, including products like World Air Transport Statistics (WATS), Monthly Air Traffic Statistics, 20-Year Passenger Forecast, and MarketIS. These resources are designed to help businesses gain in-depth understanding of industry trends, identify market opportunities, and provide information on industry events. The goal is to support informed decision-making and facilitate business growth within the aviation sector. They offer a comprehensive view of passenger and freight traffic to help companies make strategic plans.

01/05/2026 Logistics Industry Insights
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Beijing Streamlines Air Transit Cargo Customs Clearance

Beijing Streamlines Air Transit Cargo Customs Clearance

This article details the customs clearance process for air transit cargo at Beijing Airport. It covers key aspects such as document preparation, inspection and quarantine, manifest processing, customs declaration, cargo transfer, and return clearance. The article emphasizes important considerations throughout the process, aiming to assist relevant professionals in completing customs clearance operations efficiently and in compliance with regulations. The goal is to provide a comprehensive guide for navigating the complexities of air transit customs clearance in Beijing.

09/26/2025 Customs Knowledge
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Global Trade Relies on Diverse Shipping Methods for Efficiency

Global Trade Relies on Diverse Shipping Methods for Efficiency

This article analyzes six primary methods of international freight transportation: sea, air, road, rail, pipeline, and intermodal transport. Each mode has unique advantages and disadvantages, suitable for different types of cargo transportation needs. By exploring these transportation methods, businesses can enhance logistics efficiency and reduce transportation costs, positioning themselves favorably in international trade.

07/28/2025 Logistics Encyclopedia
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