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.

Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Prepaid freight (PP) and collect freight (CC) are significant terms in the logistics industry. PP indicates that the shipper has paid the freight, while CC means payment is made upon receipt. Generally, collect freight is more expensive, and its payment method is closely linked to transaction terms. Understanding these concepts is essential for managing transportation costs effectively and gaining insights into international trade.

Crossborder Ecommerce Adapts to Amazon Policy Shifts

Crossborder Ecommerce Adapts to Amazon Policy Shifts

The cross-border e-commerce industry is undergoing a reshuffle, with businesses facing declining sales and cost pressures. Small and medium-sized sellers need to focus on cost control, while larger sellers need to be flexible and adaptable. Amazon's launch of "Seller Wallet" aims to improve its ecosystem, but its high transaction fees and potential account security risks require sellers to use it cautiously. It is recommended to diversify payment collection channels and pay attention to exchange rate fluctuations. Businesses should carefully assess the benefits and risks before adopting this new feature.

WCO Workshop in Baku Boosts Customs Evidence Collection

WCO Workshop in Baku Boosts Customs Evidence Collection

The 2nd WCO COPES Regional Workshop was held in Baku, Azerbaijan, aiming to enhance evidence collection capabilities of customs administrations in the region to combat transnational crime. Through interactive training and experience sharing, the workshop strengthened the professional skills of customs officials from various countries and laid the foundation for future international cooperation. The COPES project will continue to strengthen international cooperation, focus on emerging forms of crime, and contribute to building a safer world.

WCO Enhances Ethiopias Revenue Collection with Audit Upgrades

WCO Enhances Ethiopias Revenue Collection with Audit Upgrades

The World Customs Organization (WCO), through the Mercator Programme, supports the Ethiopian Revenues and Customs Authority (ERCA) in enhancing its post-clearance audit (PCA) capabilities. This includes updating the ERCA's PCA manual to align with WCO guidelines and international best practices. The initiative aims to effectively implement the World Trade Organization (WTO) Trade Facilitation Agreement (TFA), thereby promoting trade facilitation and economic development in Ethiopia. This capacity building effort is crucial for efficient customs operations and streamlined trade processes.

Pingpong Freezes Seller Funds As Amazon Faces Scrutiny

Pingpong Freezes Seller Funds As Amazon Faces Scrutiny

Cross-border e-commerce sellers report that PingPong allegedly froze seller funds at Amazon's request, causing industry shock. This article delves into the event, exploring the power boundaries of payment platforms, revealing potential risks, and proposing response strategies. It calls on payment platforms to clarify their positioning and protect the rights and interests of sellers. The incident raises concerns about the security of cross-border transactions and the influence of large marketplaces on payment providers' decisions.

US Customs Duties Guide for Air Freight Parcels Released

US Customs Duties Guide for Air Freight Parcels Released

This article details three ways to handle US air freight parcels after being taxed: self-pickup and tax payment, entrusting the courier company for tax payment, and online tax payment. It also provides a case study of sports shoe duty calculation to help readers understand how duties are calculated. This information is intended to better prepare readers for potential tax issues encountered during cross-border shopping and make informed decisions when dealing with customs duties on imported goods.

Wechat Alipay Now Accept International Bank Cards

Wechat Alipay Now Accept International Bank Cards

WeChat Pay and Alipay have fully opened up overseas bank card binding services. Overseas users can now bind mainstream bank cards such as Visa and Mastercard to conveniently use mobile payment in various scenarios like dining, transportation, and shopping malls within China. This allows them to enjoy the same payment experience as domestic users, greatly improving the convenience of consumption for foreigners in China. This initiative aims to enhance the overall experience for international visitors and facilitate seamless transactions across different payment systems.

Mastering The Import Customs Clearance Process 7 Key Points To Ensure Smooth Customs Clearance

Mastering The Import Customs Clearance Process 7 Key Points To Ensure Smooth Customs Clearance

This article explains the key steps in import customs clearance, including the processes and precautions for general trade and processing trade. It provides detailed information about payment methods, necessary documents, bill exchange, quality inspection, customs declaration, tariff payment, and release steps to assist businesses in successfully completing import procedures.