GLOBAL CUSTOMS ANALYTICS

Capital Trade’s clients often call on our extensive trade regulatory and data processing expertise to assist with a variety of customs issues involving U.S. inbound and outbound shipments, as well as inbound and outbound shipments in other countries. Our country experience includes the United States, Mexico, Canada, the European Union and its member states, the United Kingdom, Japan, and Australia.

Since 1992, we have worked with law firms and companies on a broad range of customs-related projects. Our consultants have worked extensively in the areas of assist identification and valuation, classification, valuation (particularly complex cost-plus calculations), and country-of-origin assessments under free trade agreement rules and regulations. We have represented importers and exporters numerous times in government audits, and have provided expert analysis to support prior disclosures, informed compliance, and other customs filings.CapTrade also can work with multiple areas within a company to prepare manuals and operating procedures for customs data analysis and processing. Our staff includes licensed customs brokers, accountants, data processors, and audit specialists.

  • Capital Trade consultants provide specialized consultation and advice on a variety of Customs issues including:

    ·      Country-of-origin and USMCA country-of-origin classification

    ·      Identification of dutiable assists, including calculation and apportionment

    ·      Tariff classification research and analysis

    ·      Accurate reporting and classification vis-à-vis FTZ inventory tracking procedures and FIFO inventory tracking systems.

    ·      Special “section 807” tariff treatment

    ·      Customs value analysis and calculation, including “Method 5” (Cost plus)

    ·      Customs fraud analysis

    ·      Liquidation monitoring and assistance (i.e., identification of missing entries and other analyses to ensure proper assessment)

    ·      Compliance assessment and Customs audit support

    We also offer a variety of CBP data-related services ranging from simple database merges to complex analyses as follows:

    ·      Organize, merge, and refine raw customs data to create databases critical to in-house and/or government analysis and evaluation

    ·      Monitor entry data to calculate interest over- and under-payments, and identify shortfalls in refunds due.

    ·      Apply attribute discovery sampling (using EZ-Quant® software) to generate random sample databases and assist companies in accordance with the U.S. CBP’s Focused Assessment Program.

    ·      Develop databases, methodologies, and computer programming necessary to identify and quantify reporting errors, assist with prior disclosures, and calculate additional duties and/or fees owed.

  • Increasingly, companies are performing research and development in one country contracting out manufacturing in other countries, and shipping the beneficiary goods to yet other countries.  In such instances, expenses associated with directly-related production assistance, such as research and development, provision of tooling or dies, may give rise to dutiable assists that, if not captured in the base declared value, must be accounted for separately in customs value upon importation.   These calculations require critical determinations regarding product scope, time period, and data sources.  CapTrade has experience in reviewing a company’s activities and accounting systems to determine if potentially dutiable assists have been provided, and if so, calculating the total assist values and apportioning them over global shipments.  Our experience in assist valuation and apportionment covers a host of products, including apparel, high-tech consumer electronic goods, aerospace, and materials processing equipment.  Our country experience includes the United States, the European Union (and member states), the United Kingdom, Canada, Japan, and Australia.  If you believe that you might have assists that are not yet captured in customs values, we can help you go through a triage process to identify any dutiable assists and formulate calculation methods.  If your have an assist calculation program in place, we can review those systems, and make recommendations to enhance accuracy, tax efficiency, and auditability. 

For further information contact Chuck Anderson at canderson@captrade.com

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