Liberia Enhances Tax Collection with WCO Assistance

Liberia Enhances Tax Collection with WCO Assistance

With the support of the WCO WACAM project, the Liberia Revenue Authority is actively implementing a competency-based human resource management system. This includes developing tools such as job benchmarks, competency frameworks, and job descriptions, as well as formulating human resource and training strategies. This initiative aims to enhance employee performance, achieve organizational goals, and inject new vitality into Liberia's economic development and social progress. The focus is on building a skilled and effective tax workforce.

01/07/2026 Customs Knowledge
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Delaware Tax Guide for Crossborder Ecommerce Firms

Delaware Tax Guide for Crossborder Ecommerce Firms

This article analyzes the tax implications and advantages of registering a company in Delaware for cross-border e-commerce businesses. It provides compliance advice to help companies mitigate risks and operate legally. Delaware offers benefits like business-friendly laws and potential tax advantages, making it a popular choice. However, understanding state and federal tax obligations is crucial for compliance. This paper explores these issues, offering practical guidance for cross-border e-commerce companies seeking to establish a presence in Delaware and navigate the complexities of international taxation.

01/07/2026 Customs Knowledge
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Guide to Simplifying International Shipping Tax Payments

Guide to Simplifying International Shipping Tax Payments

This article provides a detailed interpretation of the three mainstream models for international express tax payment agent services (logistics provider payment, cross-border e-commerce platform withholding and payment, and sender prepayment). It analyzes their applicability in different scenarios. Furthermore, the article offers a detailed explanation of the payment process and key precautions, aiming to help readers easily manage cross-border logistics and avoid unnecessary complications. It covers crucial aspects for smooth international shipping and tax compliance.

01/15/2026 Logistics Encyclopedia
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Latin American Tax Program Enhances Leadership Compliance

Latin American Tax Program Enhances Leadership Compliance

The advanced course on Tax and Customs Administration successfully held its third and fourth editions in Guatemala, providing strategic skills and tools to senior tax and customs officials from Central and South America. Jointly launched by the IMF, the Spanish Institute for Fiscal Studies, and the WCO, the course aims to enhance tax and customs administration and facilitate trade in the region. The upcoming fifth edition will continue to focus on modern management skills and leadership development.

01/16/2026 Customs Knowledge
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Guide to Customs Tax Exemptions and Classification Codes

Guide to Customs Tax Exemptions and Classification Codes

The customs tax exemption nature code is a powerful tool for managing import and export duties, involving aspects such as statutory taxation, legal exemptions, and specific regional policies. Each exemption nature has a corresponding code, targeting specific goods and purposes, and guiding enterprises in compliant customs declarations. By thoroughly understanding these codes and their applicability, businesses can optimize their customs processes, reduce costs, and enhance the efficiency and effectiveness of international trade.

08/06/2025 Logistics Encyclopedia
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Crossborder Ecommerce Firms Face Valuation Compliance Challenges

Crossborder Ecommerce Firms Face Valuation Compliance Challenges

Declared value in cross-border e-commerce significantly impacts customs duties and inspections. This paper explores the risks associated with under-declaration and proposes a balanced strategy for accurate declaration. It emphasizes that precise declaration contributes to a win-win situation of tax optimization and efficient customs clearance. The study recommends sellers to consider transaction documents and national policies, and consult with professional logistics advisors to ensure compliance and avoid potential penalties.

11/03/2025 Customs Knowledge
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US Shipbuilding Plan Aims to Rival Chinas Shipping Dominance

US Shipbuilding Plan Aims to Rival Chinas Shipping Dominance

The United States plans to revitalize its shipbuilding industry through measures like tax cuts, aiming to weaken China's influence in global shipping. Potential policies include imposing fees on Chinese vessels and container cranes, and prioritizing berthing for American ships. This move could increase shipping costs and significantly impact the global shipping landscape. The US aims to regain competitiveness in shipbuilding and challenge China's dominance in maritime trade by incentivizing domestic production and potentially creating barriers for Chinese shipping interests.

11/03/2025 Logistics
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Certificate Of Agency Export Goods Explained

Certificate Of Agency Export Goods Explained

This article discusses the importance of agency certification for exported goods and the requirements for issuing it. Companies that entrust exports must apply for this certification within a specified timeframe and provide relevant documentation. The application process differs for market procurement trade and integrated service enterprises. In special circumstances, companies can still process tax rebates after gathering the necessary vouchers, even if they did not apply on time. Understanding these policies aids businesses in successfully engaging in international trade.

07/22/2025 Logistics Encyclopedia
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In-depth Analysis of Customs Exemption Nature Codes and Their Applications

In-depth Analysis of Customs Exemption Nature Codes and Their Applications

This article provides a comprehensive analysis of the classification, definitions, and applicable scope of customs exemption and levy nature codes, covering topics such as general taxation, grant aid, imports from special regions, and specific materials needed for scientific research. By interpreting various codes, it helps readers understand their significance in international trade and tax management. Mastering these codes enables companies to efficiently utilize relevant policies during import and export processes, promoting trade growth and supporting economic development.

07/21/2025 Customs Knowledge
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