Shopify Launches Tax Tool for Global Ecommerce Sellers

Shopify Launches Tax Tool for Global Ecommerce Sellers

Shopify's duties and import taxes feature is now available to all plan users. Merchants can pre-collect duties at checkout, enhancing cost transparency and reducing rejection rates. To ensure smooth operation, bind the DDP shipping label, accurately fill in product information, update logistics policies, prepare commercial invoices, and optimize the refund process. This allows for a more streamlined and predictable experience for international customers, ultimately boosting sales and customer satisfaction.

11/03/2025 Customs Knowledge
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Streamline Global Trade Launches Forex and Export Tax Refund Platform

Streamline Global Trade Launches Forex and Export Tax Refund Platform

This paper introduces the concepts of forward and reverse exchange in foreign exchange receipt and payment, emphasizing the importance of providing one-stop foreign exchange receipt and payment and export tax rebate services for foreign trade enterprises. This service aims to help companies simplify processes, save time and effort, and focus on core business development through a professional team, efficient processes, and compliance guarantees. It streamlines operations and allows businesses to concentrate on growth, ensuring a seamless and compliant experience in international trade.

08/21/2025 International Settlement
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Best Practices for Converting USD to NZD

Best Practices for Converting USD to NZD

This article discusses the issue of converting 25 US dollars into 41.95 New Zealand dollars, highlighting the volatility of exchange rates and the impact of fees on the actual amount received. It advises readers to approach currency exchange with caution and to research market dynamics before proceeding.

09/08/2025 Exchange Rate Query
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Guide to Converting Sri Lankan Rupees to US Dollars

Guide to Converting Sri Lankan Rupees to US Dollars

This article provides practical tips on how to exchange Sri Lankan Rupees for US Dollars, including the latest exchange rates, online conversion tools, and methods for tracking historical data. It aims to assist readers in optimizing their finances and facilitating convenient exchanges for international transactions and travel.

08/10/2025 Exchange Rate Query
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Singapore Dollar to US Dollar Conversion Guide

Singapore Dollar to US Dollar Conversion Guide

This article provides a detailed analysis of the latest trends and dynamics in the exchange of Singapore dollars (SGD) for US dollars (USD). It reveals practical methods for currency exchange and emphasizes the importance of choosing the optimal timing for exchanges, helping readers enhance their financial decision-making.

08/10/2025 Exchange Rate Query
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Ocean Freight Costs Driven by Supply Demand and Seasonality

Ocean Freight Costs Driven by Supply Demand and Seasonality

Trade lane cost variations are influenced by supply and demand, General Rate Increases (GRIs), and seasonality. High-demand lanes tend to have lower freight rates, while GRI implementation increases them. Peak Season Surcharges (PSS), Chinese New Year, and port congestion also contribute to freight rate fluctuations. Businesses should leverage data analytics to optimize transportation strategies and reduce logistics costs. Understanding these factors allows for better cost management and improved supply chain efficiency. Proactive planning and data-driven decisions are crucial for navigating the complexities of international trade.

11/03/2025 Logistics Encyclopedia
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Timorleste Updates Customs Tariff with WCO Backing

Timorleste Updates Customs Tariff with WCO Backing

At the request of Timor-Leste, the World Customs Organization (WCO), through the WCO-Norad project, provided technical assistance to support the country's tariff update from HS 2012 to HS 2017. This initiative aims to enhance Timor-Leste Customs' commodity classification capabilities, integrate into the ASEAN Economic Community, and promote trade facilitation and economic development. The project encompassed tariff assessment, gap analysis, training guidance, and system upgrades, contributing to the modernization of Timor-Leste Customs.

11/03/2025 Customs Knowledge
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