New Customs Rules Affect Licensing Fees Royalties

New Customs Rules Affect Licensing Fees Royalties

The World Customs Organization (WCO) has released new Advisory Opinion 4.19 on customs valuation, addressing the complex valuation issues related to royalties and license fees under Article 8.1(c) of the Customs Valuation Agreement. This opinion clarifies the valuation principles for single royalties encompassing both patents and trademarks. It assists businesses in accurately calculating import costs, reducing valuation disputes, and promoting the healthy development of international trade. This guidance aims to provide clarity and consistency in the application of customs valuation rules related to intellectual property rights.

01/26/2026 Customs Knowledge
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Top ERP Systems for Construction Material Firms in 2025

Top ERP Systems for Construction Material Firms in 2025

This analysis compares the application of four major ERP systems – Wanda Bao, SAP, Oracle, and Microsoft – in the building materials industry. It examines their strengths and weaknesses in terms of functionality, providing a valuable reference for companies selecting an ERP solution. The comparison aims to help businesses make informed decisions by highlighting the specific advantages and disadvantages of each system within the context of the building materials sector, ultimately assisting them in choosing the most suitable ERP for their needs and digital transformation goals.

01/26/2026 Logistics Encyclopedia
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Metal Manufacturers Guide to ERP System Selection

Metal Manufacturers Guide to ERP System Selection

This article provides an in-depth analysis of five ERP software systems suitable for metal manufacturing companies. It evaluates them from multiple dimensions, including functionalities, advantages, disadvantages, and application scenarios, aiming to provide selection guidance for enterprise decision-makers. The focus is on key factors such as production process management, MRP accuracy, inventory control, MES integration, and total cost of ownership. This helps companies optimize resource allocation and improve production efficiency by choosing the right ERP system for their specific needs in the metal manufacturing sector.

01/26/2026 Logistics Industry Insights
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Mangaia Island Airport Codes MGS and NCMG Clarified

Mangaia Island Airport Codes MGS and NCMG Clarified

This article analyzes the meaning and application of Mangaia Island Airport codes MGS and NCMG from a data analyst's perspective. It explains the differences between IATA and ICAO codes, emphasizing the importance of airport codes in aviation data management, flight optimization, and intelligent aviation. The unique value of data analysis for small airports is also explored, highlighting its potential to improve efficiency and resource allocation, even with limited data availability. Understanding these codes is crucial for effective data-driven decision-making in the aviation industry.

01/27/2026 Airport Codes
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Onotoa Airport Data Reveals Key Aviation Insights

Onotoa Airport Data Reveals Key Aviation Insights

This article provides an in-depth analysis of the IATA code (OOT) and ICAO code (NGON) of Onotoa Airport in Kiribati, detailing its geographical location. It emphasizes the importance of airport codes in the aviation industry and the application of data analysis to improve airport operational efficiency. The aim is to provide valuable reference for areas such as air transport and tourism planning. The article highlights the role of accurate data in understanding and optimizing airport operations within the broader context of global aviation networks.

01/27/2026 Airport Codes
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BKZ Airport Code Links Travelers to Bukoba Tanzania

BKZ Airport Code Links Travelers to Bukoba Tanzania

This article details the IATA code (BKZ) and ICAO code (HTBU) for Bukoba Airport in Tanzania. It explains the crucial role of airport codes in air travel, providing practical application scenarios. Furthermore, the article expands on the codes of other major Tanzanian airports, along with the rules for assigning airport codes and relevant search tools. The aim is to assist readers in better planning their trips and enjoying their travels in Tanzania. It emphasizes the importance of understanding these codes for efficient and informed travel planning.

01/27/2026 Airport Codes
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Revised Kyoto Convention Hits 113 Members Boosts Global Trade

Revised Kyoto Convention Hits 113 Members Boosts Global Trade

The Revised Kyoto Convention (RKC) now has 113 contracting parties, with the Republic of Congo being the latest addition. This convention, recognized as the blueprint for modern customs by the international customs community, aims to simplify and harmonize customs procedures, thereby facilitating global trade. It emphasizes the application of information technology, risk management, enhanced cooperation with the trade community, and the establishment of accessible appeal systems. The WCO encourages more members to join and implement the convention's provisions to build a more competitive global economy.

01/27/2026 Customs Knowledge
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Amazon US Jobs Salaries and Career Growth Explored

Amazon US Jobs Salaries and Career Growth Explored

This article provides an in-depth analysis of the compensation structure, career paths, and application tips for Amazon US positions. High salaries are accompanied by demanding work and intense competition. Success at Amazon requires solid professional skills, efficient work habits, and strong resilience. The article addresses common questions regarding work intensity, promotion opportunities, and interview difficulty, offering valuable guidance for job seekers. It highlights the importance of preparedness and a strong work ethic for navigating the challenges and rewards of a career at Amazon.

01/27/2026 Logistics Industry Insights
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Guide to Flor Airports ICAO Code ENFL Explained

Guide to Flor Airports ICAO Code ENFL Explained

This article provides a detailed analysis of Florø Airport in Norway, focusing on its ICAO code, ENFL. It explains the significance and application of ICAO codes in aviation and provides detailed information about Florø Airport, including its IATA code, geographical coordinates, and altitude. The article also explores methods for finding ICAO codes and discusses the operational characteristics and future development directions of Florø Airport. The aim is to provide readers with a comprehensive understanding of this airport within the context of international air navigation standards and procedures.

01/27/2026 Airport Codes
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Kilaguni Airport Gateway to Kenyas Tsavo National Park

Kilaguni Airport Gateway to Kenyas Tsavo National Park

This analysis, from a data analyst's perspective, delves into the ICAO code (HKKL) and geographical information of Kilaguni Airport in Kenya. It highlights the significance of ICAO codes in aviation operations and explains the application of geographic coordinates in navigation, distance calculation, and meteorological analysis. The relationship between Kilaguni Airport and Tsavo West National Park is briefly outlined. The analysis also reminds readers to be mindful of data sources and accuracy. This provides a concise overview of the airport's identification and location within its surrounding environment.

01/27/2026 Airport Codes
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