Eastsouthern Africa Customs Officials Tackle Transfer Pricing

Eastsouthern Africa Customs Officials Tackle Transfer Pricing

A joint workshop by the World Customs Organization (WCO) and the OECD aimed to enhance the expertise of customs officials in East and Southern Africa on transfer pricing and customs valuation. The initiative promotes regional customs cooperation, maintains fair trade practices, and combats tax evasion. By strengthening the capacity of customs administrations in these areas, the workshop supports efforts to ensure accurate valuation of goods and prevent illicit financial flows, ultimately contributing to a more transparent and equitable global trading system.

02/02/2026 Customs Knowledge
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In-depth Analysis of Security Surcharges in International Transportation

In-depth Analysis of Security Surcharges in International Transportation

This article delves into the security surcharges in international shipping, focusing on the costs associated with the three main transportation modes: sea, air, and express. Maritime security surcharges such as AMS, ISF, and ISPS port security fees help meet international safety standards. In air transport, it is crucial to pay attention to both security and fuel surcharges, while express services introduce additional fees due to security incidents to ensure the safety of goods.

07/21/2025 Logistics Encyclopedia
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Malta SWIFTBIC Codes Key to Secure Global Transfers

Malta SWIFTBIC Codes Key to Secure Global Transfers

This article provides a detailed explanation of the importance of SWIFT/BIC codes when making cross-border transfers to and from Malta. It offers practical methods for finding and verifying these codes and compares the advantages and disadvantages of different transfer methods. Furthermore, it shares tips on how to reduce transfer costs, aiming to help readers complete international remittances safely and efficiently. The guide focuses on navigating the complexities of international banking in Malta and ensuring a smooth transfer process.

09/01/2025 International Settlement
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