Nigeria Customs Modernizes Ruling System to Ease Trade

Nigeria Customs Modernizes Ruling System to Ease Trade

The Nigeria Customs Service is actively implementing a national Advance Ruling System aimed at reducing trade costs, improving efficiency, and enhancing trade predictability for businesses by pre-determining commodity classification, tax rates, and other relevant matters. This initiative, part of the EU-World Customs Organization Africa HS project, draws on the successful experiences of Ethiopia and Liberia. It is expected to significantly improve Nigeria's business environment and promote economic development by providing clarity and certainty to traders before importation.

01/05/2026 Customs Knowledge
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Ebay Sellers Expand Reach with Multisite Strategies

Ebay Sellers Expand Reach with Multisite Strategies

This article provides a detailed guide for eBay sellers on how to open accounts on different eBay sites and expand into global markets. It covers the registration process, site policies, seller performance improvement, logistics, and tax considerations. The aim is to help sellers understand the requirements and strategies for multi-site operations, ultimately achieving sales growth. The information provided will assist sellers in navigating the complexities of selling on multiple eBay platforms and optimizing their business for international success.

01/04/2026 Logistics Encyclopedia
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Ebay Sellers Face Import Fees VAT Challenges in Crossborder Trade

Ebay Sellers Face Import Fees VAT Challenges in Crossborder Trade

This article delves into eBay's import fee policy, emphasizing its mandatory nature and the importance of compliance. It details the VAT registration and payment process, providing guidance for both third-party registration and self-application. Furthermore, it proposes VAT tax optimization strategies to help cross-border e-commerce sellers reduce operating costs and achieve compliant operations and profit growth. The article aims to clarify the complexities of eBay fees and VAT, offering practical advice for navigating these challenges.

12/29/2025 Customs Knowledge
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Guide to Foreign Business Registration and Taxes in Japan

Guide to Foreign Business Registration and Taxes in Japan

This article provides a detailed analysis of the process, advantages, and key considerations for foreigners registering a company in Japan. It compares the differences between Kabushiki Kaisha (KK) and Godo Kaisha (GK) and addresses frequently asked questions regarding finance and taxation. The content covers company registration requirements, necessary documents, processing time, and tax filing aspects. It aims to offer comprehensive guidance to entrepreneurs interested in entering the Japanese market, covering essential aspects of establishing a business presence.

12/30/2025 Customs Knowledge
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Italy Imposes 50000 VAT Guarantee on Ecommerce Sellers

Italy Imposes 50000 VAT Guarantee on Ecommerce Sellers

An Italian VAT compliance storm is brewing, with a €50,000 guarantee posing a difficult choice for cross-border e-commerce sellers. This article delves into the core focus of tax compliance, seller response strategies, and lingering issues after VAT deregistration. It supplements crucial information to help sellers make informed decisions by weighing cost accounting against compliance risks. It provides insights into navigating the complexities of Italian VAT regulations and mitigating potential financial burdens while ensuring adherence to legal requirements.

01/15/2026 Customs Knowledge
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Taliabu Island Airport Key Aviation Codes and Location Details

Taliabu Island Airport Key Aviation Codes and Location Details

This article provides an in-depth analysis of key information regarding the Taliabu Island Airport in Indonesia, including its IATA code TAX, ICAO code WAPT, and geographical coordinates. It also addresses frequently asked questions. The aim is to offer a clear and accurate reference guide for aviation professionals and travelers, ensuring flight safety and operational efficiency. This resource serves as a valuable tool for understanding the airport's specific details and facilitating smooth air travel to and from Taliabu Island.

01/22/2026 Airport Codes
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Trumps Infrastructure Plan Stalls Over Funding Disputes

Trumps Infrastructure Plan Stalls Over Funding Disputes

The Trump administration's $1.5 trillion infrastructure plan faces funding challenges, prompting calls for increased federal investment. The freight industry emphasizes the urgent need for infrastructure upgrades, with the American Trucking Associations proposing a dedicated fuel tax increase. Discussions include innovative financing and future infrastructure development, highlighting the need for digital infrastructure to support emerging technologies like drones. The focus is on securing adequate funding and modernizing infrastructure to support economic growth and technological advancements in transportation.

01/19/2026 Logistics Industry Insights
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UK Online Shopping Safe Shipping Tips for China Buyers

UK Online Shopping Safe Shipping Tips for China Buyers

This article provides a detailed guide on shipping goods like bags and clothing purchased through UK personal shopping services back to China. It covers key aspects such as choosing a courier company, shipping methods, packaging and declaration, and tax payment. The article also addresses frequently asked questions, aiming to help readers complete their UK personal shopping process safely and efficiently. It offers practical advice for a smooth and successful import experience, minimizing potential issues with customs and delivery.

01/30/2026 Logistics
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Global Trade Guide Shipping Costs Taxes and Incoterms Explained

Global Trade Guide Shipping Costs Taxes and Incoterms Explained

This article provides a clear and accessible explanation of English expressions for ocean freight and tax rates in international trade. It also clarifies the differences and considerations for choosing between the commonly used trade terms FOB and CIF. Through concise explanations and practical advice, this aims to help readers grasp core concepts of international trade, enabling them to engage in international trade activities more effectively. It focuses on understanding the nuances of these terms for successful international transactions.

01/30/2026 Customs Knowledge
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WCO Establishes Global Ecommerce Trade Standards

WCO Establishes Global Ecommerce Trade Standards

The World Customs Organization (WCO) E-Commerce Working Group has finalized a comprehensive e-commerce package. This aims to promote the standardization, efficiency, and sustainability of global cross-border e-commerce through a standardized framework, technical specifications, and implementation strategies. The package covers various aspects, including terminology definitions, technical specifications, and tax collection. Following review by various committees, it is expected to be promoted and implemented globally, facilitating trade and harmonizing practices in the rapidly growing e-commerce sector.

01/30/2026 Customs Knowledge
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