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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Impact of Shenzhens Electric Vehicle Regulations on the Courier Industry

Impact of Shenzhens Electric Vehicle Regulations on the Courier Industry

Shenzhen's 'motorbike ban and electric vehicle restrictions' policy has drawn significant attention from the industry. The police clarified that this policy does not target the express delivery sector and introduced several measures to support delivery companies. However, these companies still face a sharp decline in parcel volumes. Industry experts are calling for a balance between legal and emotional considerations during policy implementation and hope that the establishment of national standards will address the management challenges of delivery vehicles.

07/28/2025 Logistics
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Chinas 1039 Trade Model Eases Crossborder Ecommerce Hurdles

Chinas 1039 Trade Model Eases Crossborder Ecommerce Hurdles

Cross-border e-commerce sellers face challenges when applying the 1039 policy, including differences in pilot registration and filing, difficulties in logistics provider cooperation, limitations in Single Window agreement activation qualifications, and bank account permission requirements. To effectively leverage the advantages of the 1039 policy and overcome customs clearance difficulties, sellers need to seek professional services and enhance their understanding of the policy. Addressing these hurdles is crucial for maximizing the benefits of the 1039 customs clearance model.

01/05/2026 Customs Knowledge
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Amazon Imposes New Storage Fees Angering Sellers

Amazon Imposes New Storage Fees Angering Sellers

The core of Amazon's new storage policy lies in introducing a 'Reservation Fee Bidding' mechanism, requiring sellers to bid for extra storage space. This simplifies storage restrictions, enhancing flexibility and transparency. However, it raises concerns among sellers regarding increased costs and potential platform exploitation. Sellers need to optimize inventory management, accurately forecast sales, and flexibly adapt to the new policy. The new policy aims to better allocate storage resources, but its impact on seller profitability remains to be seen.

12/31/2025 Logistics Industry Insights
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Key Industries Await Relief from Trumpera Tariffs

Key Industries Await Relief from Trumpera Tariffs

The US may extend the tariff suspension period from the Trump administration, potentially benefiting industries such as electronics, machinery, furniture, automotive parts, textiles, and photovoltaics. The direction of tariff policy significantly impacts the China-US trade landscape and the development of related businesses. Companies need to closely monitor policy trends and adjust their business strategies accordingly. This extension could provide a temporary relief and opportunity for growth in the affected sectors, while a change in policy could necessitate further adaptation and strategic realignment.

11/03/2025 Customs Knowledge
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Amazon Adjusts AGL Warehouse Rules Seller Guidance

Amazon Adjusts AGL Warehouse Rules Seller Guidance

A sudden change in Amazon Global Logistics (AGL)'s "Exclusive Warehouse" policy has raised concerns among sellers regarding warehousing, costs, and logistics strategies. While AGL offers services like locked storage and capacity expansion, issues such as price and delivery time exist. Sellers should closely monitor policy changes, flexibly adjust logistics plans, evaluate AGL services, and plan inventory in advance to address these challenges. The unexpected policy shift necessitates a proactive approach to mitigate potential disruptions and maintain efficient supply chain operations.

01/04/2026 Logistics
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Ebay Expands Seller Control Over Return Policies

Ebay Expands Seller Control Over Return Policies

eBay's return policy is undergoing significant changes, granting sellers greater autonomy. The new policy allows sellers to customize return preferences, automate return requests, and even permit buyers to keep items while receiving a refund. This article provides an in-depth analysis of the new eBay regulations, guiding sellers on how to flexibly address return challenges and enhance store competitiveness. It explores the implications of these changes and offers strategies for sellers to optimize their return processes under the revised policy.

12/30/2025 Logistics Encyclopedia
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Strategies to Reduce Import Tariffs Through Tax Refunds

Strategies to Reduce Import Tariffs Through Tax Refunds

This article introduces the tariff refund policy in the United States, covering its definition, legal regulations, and various types (such as refunds for unused goods and finished product substitutions). It emphasizes the importance of this policy in helping businesses alleviate tariff burdens and enhance their international competitiveness.

08/05/2025 Customs Knowledge
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UK Ports Push for Sustainable Industry Growth

UK Ports Push for Sustainable Industry Growth

The British Ports Association (BPA) serves as a national organization advocating for various port operators, promoting fairness in policy and market environments. The association is dedicated to supporting the development of the port industry through policy advocacy, environmental sustainability, and knowledge dissemination, fostering collaboration and innovation among its members.

08/05/2025 Port Encyclopedia
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