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
Read More
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
Read More
Lima Airport Transfer Tax Raises Airline Competition Fears

Lima Airport Transfer Tax Raises Airline Competition Fears

The implementation of an international transit tax at Lima Airport in Peru has drawn criticism from IATA, who argue it weakens the airport's competitiveness and limits growth. IATA urges the government and airport authorities to collaborate on sustainable alternatives that protect passenger interests, foster aviation development, and enhance Peru's connectivity and competitiveness. They believe the tax hinders the airport's ability to attract connecting flights and ultimately harms the Peruvian economy. Finding a viable solution is crucial for ensuring the long-term success of Lima Airport and the broader aviation industry in Peru.

01/15/2026 Logistics Industry Insights
Read More
Malaysiachina Money Transfer Guide Key Steps and Tips

Malaysiachina Money Transfer Guide Key Steps and Tips

This article provides a comprehensive overview of various methods for transferring money from Malaysia to bank accounts in Mainland China, including bank wire transfers, online remittance platforms, and third-party payment institutions. It analyzes the advantages and disadvantages of each method, considers exchange rates, transfer limits, required documents, and potential risks. The aim is to offer readers a clear and practical guide to cross-border money transfers from Malaysia to China, enabling informed decisions based on their individual needs and circumstances.

01/26/2026 International Settlement
Read More
Amazon Sellers Adapt to FBA Storage Limits

Amazon Sellers Adapt to FBA Storage Limits

Facing FBA storage limit issues? This article offers three solutions to help you overcome capacity challenges. First, request additional storage using the Storage Capacity Manager. Second, leverage the Amazon Warehousing & Distribution (AWD) network for unlimited storage and intelligent replenishment. Finally, enable overseas warehouse transfers for flexible inventory preparation. Break through storage bottlenecks and seize sales opportunities.

01/19/2026 Warehousing
Read More
Enhancing Passenger Travel Experience Urumqi International Airport's Intelligent Upgrade

Enhancing Passenger Travel Experience Urumqi International Airport's Intelligent Upgrade

Urumqi International Airport is enhancing the travel experience for passengers through the upgrade of intelligent facilities. The newly added automatic verification channels will significantly improve security check efficiency, allowing travelers to simply place their boarding passes into the channel, where the system will automatically read the information, speeding up the process. Over the past year, the airport has introduced new devices and service robots to further shorten security check times. The implementation of automatic verification channels will make travel more convenient and secure for passengers.

07/22/2025 Logistics Encyclopedia
Read More
Intelligent Solutions For Ensuring Safe Transportation Of Perishable Goods

Intelligent Solutions For Ensuring Safe Transportation Of Perishable Goods

When transporting perishable goods, environmental changes can damage the cargo. With a remote monitoring system, users can track the status of the cargo in real-time from loading to final delivery, ensuring transparency and safety during transport. This solution enhances the efficiency of logistics management and maximizes the safety and reliability of the goods.

11/30/-0001 Logistics
Read More
Intelligent Goods Transportation Management Ensuring Your Cargo Arrives Safely

Intelligent Goods Transportation Management Ensuring Your Cargo Arrives Safely

Transporting perishable goods is a complex task, especially when facing changing conditions. With an intelligent cargo management system, you can monitor shipments in real-time after container sealing, ensuring safe transport. Whether heading to the port or the store, the smart management system offers professional monitoring services, allowing you to focus on your business without worries during transportation. Choose a solution that integrates technology and service for more efficient transport and increased customer satisfaction.

07/22/2025 Logistics
Read More