Global Trade Guide Key Tax and Compliance Terms for Shipping

Global Trade Guide Key Tax and Compliance Terms for Shipping

This article delves into the application of VAT/EORI in European and American customs clearance for international express shipments. Regarding Europe, it elaborates on the rules and scenario-specific requirements of EORI and VAT, as well as the role of IOSS. For the United States, it highlights the importance of EIN/SSN and IOR, emphasizing the criticality of compliant declaration. This guide helps you master the regulations and navigate global shipping smoothly.

01/15/2026 Customs Knowledge
Read More
Freight Firms Dodge Penalties with Timely Annual Reports

Freight Firms Dodge Penalties with Timely Annual Reports

This article provides a detailed interpretation of annual report filing matters for freight forwarding and foreign trade enterprises, including the filing entity, time, method, content, and consequences of late filing. It also offers corresponding remedies for companies listed in the operational anomaly directory, aiming to help businesses successfully complete their annual report filing and avoid unnecessary operational risks. The guide clarifies crucial aspects of compliance and provides actionable steps for businesses to maintain good standing and avoid penalties.

01/26/2026 Logistics
Read More
Key Tips for Avoiding ISF Filing Errors and Ensuring Compliance

Key Tips for Avoiding ISF Filing Errors and Ensuring Compliance

This article addresses common issues in ISF filing, such as incorrect seller information, late filing, and SCAC code errors. It provides practical advice to help importers avoid customs clearance risks and ensure smooth entry of goods into the US market. The importance of early preparation, information verification, selecting a professional customs broker, and timely communication are emphasized. By understanding these points, importers can minimize potential delays and penalties associated with ISF compliance.

01/08/2026 Customs Knowledge
Read More
XPO Logistics Nears Completion of GXO Spinoff With SEC Filing

XPO Logistics Nears Completion of GXO Spinoff With SEC Filing

XPO Logistics filed a Form 10 registration statement with the SEC, signaling the countdown to the listing of its spin-off logistics business, GXO Logistics. GXO will focus on contract logistics, leveraging technological innovation to provide efficient supply chain services. XPO will concentrate on its transportation business, solidifying its industry leadership. The spin-off is expected to be completed in the third quarter, creating new development opportunities for both companies. This strategic move allows each entity to pursue focused growth strategies in their respective sectors.

01/19/2026 Logistics
Read More
US Air Freight Key ISF Filing Rules and Compliance Tips

US Air Freight Key ISF Filing Rules and Compliance Tips

This article provides a detailed interpretation of the latest US air freight ISF (Importer Security Filing) regulations, clarifying that air cargo is no longer subject to ISF filing requirements since 2017. The article also outlines exemptions for ocean freight ISF filings and emphasizes the importance of adhering to other customs regulations. The aim is to assist exporters in avoiding risks associated with non-compliance and ensuring smooth customs clearance for their shipments to the United States.

02/02/2026 Customs Knowledge
Read More
Shenzhen Ecommerce Firm Hit With Asset Freeze Over Tax Probe

Shenzhen Ecommerce Firm Hit With Asset Freeze Over Tax Probe

The founder of a major cross-border e-commerce seller in Shenzhen had over 100 million yuan in equity frozen for three years due to unpaid VAT in several European countries. This highlights the critical importance of tax compliance for cross-border e-commerce businesses. Sellers must prioritize overseas tax issues, collaborate with professional agencies to avoid substantial fines and legal risks, and ensure sustainable business development. The case serves as a stark reminder of the potential consequences of neglecting VAT obligations in international markets.

12/30/2025 Logistics Industry Insights
Read More
Amazon Faces Rising Compliance Costs Threatening Operating Profit

Amazon Faces Rising Compliance Costs Threatening Operating Profit

This article delves into whether compliance costs should be deducted from the operating profit of Amazon sellers after achieving compliance. By analyzing the fundamental differences between VAT and corporate income tax, and drawing parallels with European VAT, it highlights the importance of leveraging export tax rebates to reduce costs. The article suggests that companies and operational teams should negotiate to find a cost-sharing solution that balances their interests and achieves mutually beneficial development. This collaborative approach is key to managing compliance expenses effectively and maintaining profitability.

02/02/2026 Customs Knowledge
Read More
UK Targets Ebay Sellers with Overseas Warehouse Tax Crackdown

UK Targets Ebay Sellers with Overseas Warehouse Tax Crackdown

HMRC (Her Majesty's Revenue and Customs) is strengthening tax supervision on e-commerce, with overseas warehouse data being integrated with the tax authority. eBay sellers face stricter tax compliance challenges. Overseas warehouses are required to register and disclose customer information, VAT numbers, and product details. Sellers should register for a VAT number, standardize declarations, choose compliant overseas warehouses, and seek professional tax advice to proactively address the trend of tax transparency. Failing to comply can lead to penalties and business disruption. Ensuring compliance is now more crucial than ever for UK e-commerce businesses.

01/30/2026 Customs Knowledge
Read More
US Tightens Ocean Freight Declaration Rules for Customs

US Tightens Ocean Freight Declaration Rules for Customs

This article provides a detailed interpretation of the latest regulations for US ocean freight FCL filing, emphasizing the mandatory requirement of reporting for shipments with 30 boxes or more. It highlights key information such as filing deadlines, required content, and available channels. Furthermore, it outlines the potential consequences of non-compliant filing and offers guidance on accessing ocean freight information. The aim is to assist businesses in mitigating potential risks and ensuring smooth customs clearance for their goods.

01/23/2026 Logistics
Read More
E2open Named Leader in Global Trade Management by IDC

E2open Named Leader in Global Trade Management by IDC

E2open has been recognized as a Leader in the IDC MarketScape for Worldwide Trade Management Applications. The company offers comprehensive trade compliance automation solutions, including customs filing and self-filing capabilities, backed by one of the world's most comprehensive trade content libraries. Download the IDC MarketScape report to learn how E2open helps businesses succeed in global trade.

01/19/2026 Logistics Industry Insights
Read More