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TaxNewsFlash-Trade & Customs — KPMG's reports of tax developments concerning trade and customs


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April 2016

29 Apr - China: More cross-border e-commerce guidance, retail imports

29 Apr - WCO instrument, case study on transfer pricing and customs valuation

29 Apr - Reminder: EU’s Union Customs Code is effective 1 May 2016

27 Apr - House passes miscellaneous tariff bill (MTB) legislation

27 Apr - Italy: Guidance for implementing new Union Customs Code

27 Apr - WCO: Agreement on transfer pricing, customs valuation

26 Apr - CBP program test, truck shipments of Canadian “in-transit” goods

22 Apr EU: Export procedures for certain goods effective 1 May 2016

22 Apr - EU: Shortages in cross-border shipments of “excise-able” goods

21 Apr - Treasury’s FAQs on trade with Cuba

21 Apr - Federal Circuit: Selection of Thailand as surrogate country for China, antidumping review

20 Apr - U.S. congressional action on miscellaneous tariff bill (MTB) process

18 Apr - EU: Releases relating to customs administration

18 Apr - EU: “Domestic sale” concept mitigates repeal of “first sale” customs valuation

8 Apr - EU: Updated AEO guidelines released

7 Apr - China: Import tax policies, cross-border e-commerce involving retail goods

7 Apr - EU: Draft guidance, new customs valuation provisions

6 Apr - EU: Import duties on consumer, professional electronic products eliminated

5 Apr - China: Customs revises standards for declaration forms

1 Apr - Final rule on exports, missile technology controls


March 2016

30 Mar - FDA-regulated commodity entries to be made via ACE

30 Mar - EU: Sanctions update, companies trading with Iran

28 Mar - China: Customs announcements on customs pre-input system, charitable donations

24 Mar - OFAC aircraft export license, updated FAQs on exports to Iran

24 Mar - Australia: Customs focus on tariff concession orders, correct valuation disclosures

23 Mar China: Guidance aims for customs clearance efficiency, trade facilitation

21 Mar - EU: AEO certificates, customs authorizations to be reassessed by authorities

17 Mar - EU: Customs treatment intra-EU air, sea services effective 1 May 2016

16 Mar - OFAC “finding of violation” credit card company and assets of Iranian banks

15 Mar - Treasury, Commerce final rules concerning trade involving Cuba 

11 Mar - China: Customs developments (January-February 2016)

2 Mar - Federal Circuit: Country-of-origin label when trademark is involved


February 2016

26 Feb - ACE as sole CBP-authorized system

25 Feb - U.S. trade facilitation law is enacted

19 Feb - China: Customs guidance, imports of aviation supplies, aircraft operating leases

18 Feb - Proposed rule changes to USML Category XII

16 Feb - EU: “First sale for export” repeal for customs valuation purposes

16 Feb - India: Valuing imports from a related party for customs purposes

11 Feb - Congress passes trade legislation

8 Feb - CBP updates ACE transition timeline, extends “FDA single window”

8 Feb - CCL, USML modifications: Military aircraft, military gas turbine engines

5 Feb - EU: Free trade agreement with Vietnam

4 Feb - U.S. company found to violate Sudanese sanctions

3 Feb - Federal Circuit: Refunds of customs duty; reconciliation entries


January 2016

27 Jan - Thailand: Voluntary disclosure, incorrect customs import duties

26 Jan - Final rules amending Cuban assets control regulations, Cuba licensing policy

19 Jan - EU: Iran sanctions relief

13 Jan - China: Revised import policies and catalogues, major technical equipment

6 Jan - Federal Circuit: NAFTA-related, post-import customs duty refund procedures

5 Jan - BIS proposed rule, revised penalty determinations


December 2015

30 Dec - China: Bonded repair and maintenance operations, special customs zones

23 Dec - China: Import, export tariff adjustments beginning in 2016

23 Dec - China: Measures to promote foreign trade, import-export activities

17 Dec - EU: Transitional rules pending new fully electronic customs environment

15 Dec - USML temporary modification; software under Category XI (Military Electronics)

11 Dec - Serbia: Common transit procedure under EU customs agreements

10 Dec - Australia: Free trade agreement with China 

10 Dec - WCO classification decisions, potential classification opportunities

9 Dec - Congressional conferees reach agreement on customs legislation

9 Dec - WCO nomenclature amendments for 2017, correlation tables

8 Dec - Mutual recognition of “trusted traders” with Dominican Republic 

7 Dec - General license, exports to or from Burma (Myanmar)

4 Dec - CBP: “Phase 3” of GSP retroactive customs duty refund process

3 Dec - Update on customs reauthorization bill

2 Dec - BIS: “One-stop shop” for export control data, analysis

November 2015

30 Nov - EU: Customs code update; Iran sanctions and EU dual-use list

26 Nov - China: Customs “work order write-off” model for processing trade

26 Nov - Indonesia: Changes for “importer license holders” effective in 2016

25 Nov - California company settles violations of sales to Iran, Sudan, Syria

19 Nov - India: Expedited refund process, exports of output services

12 Nov - BIS decision tool: Direct product, de minimis rules

12 Nov - CBP: Final rule on continuous bonds

12 Nov - China: Update of customs developments

11 Nov - EU: Update on Iran sanctions, dual-use list for export controls

6 Nov - KPMG report: Initial impressions of Trans-Pacific Partnership (TPP)

6 Nov - ASEAN Economic Community update

5 Nov - Text of Trans-Pacific Partnership agreement

4 Nov - EU: Customs reciprocal benefits with China, effective November 2015

2 Nov - OFAC: Medical supplies general license, Iranian sanction regulations update

October 2015

30 Oct - EU: Customs 2016 “common nomenclature”

28 Oct - India: Electronic filing of customs documents

27 Oct - OFAC: Travel company settles Cuba travel-related violations

26 Oct - Dominican Republic: Guidance for logistics, operations at cargo terminals

26 Oct - Singapore: Trans-Pacific Partnership, initial impressions

23 Oct - EU: Customs value update; “first sale” implications

14 Oct - CBP: ACE and electronic entry, cargo release

14 Oct - CBP: Next phase in document imaging system (DIS) under ACE

6 Oct - Softwood lumber agreement with Canada

6 Oct - Results of GSP product review, CNL waivers

6 Oct - Singapore: Customs control list; dual-use and strategic goods

5 Oct - Trans-Pacific trade agreement; negotiations concluded

September 2015

29 Sep - China: Plan to expedite, modernize customs processing

29 Sep - Vietnam: No import duty, VAT relating to certain export processing

24 Sep - EU: Trade and customs update

22 Sep - Korea: Related-party marketing fees not subject to customs duty

21 Sep - EU: Customs transaction value, sunset clause

21 Sep - Expanded scope, license exception for trade with Cuba

17 Sep - CBP: Final rule for enforcing trademarks at borders

16 Sep - China: WTO trade facilitation agreement is ratified

8 Sep - CBP: ACE export manifest for rail cargo test

3 Sep - BIS imposes $3.5 million penalty for illegal exports of armored vehicles

3 Sep - Revisions to California’s “Made in U.S.A.” rules

2 Sep - China: Customs update (third quarter 2015)

1 Sep - CBP: New timeline, mandatory transition to ACE programming  

August 2015

26 Aug - CBP test program; electronic transmission of FDA-regulated imports

25 Aug - SCL authorization requirements removed from EAR

20 Aug - BIS: Spain added to list of countries eligible for Defense Department assistance 

19 Aug - CBP: ACE export manifest, vessel cargo test program

19 Aug - GSP program: New petitions for duty-free treatment due October 16

18 Aug - GAO: SEC conflict minerals rule; analysis of disclosures by companies

10 Aug - Importer’s failure to exercise “reasonable care” on classification

7 Aug - CBP to extend ACE message automation program

6 Aug - CBP regulations: Documents needed for proof of export, drawback claims

6 Aug - OFAC penalty enforcement actions


July 2015

31 Jul - DDTC: Updated export license forms on DTrade system

28 Jul - EU: Update on new customs code

27 Jul - GSP renewal; retroactive application for liquidations and reliquidations

24 Jul - CBP: Air cargo advance screening pilot program extended one year

21 Jul - Cuba: Changes to export license requirements (BIS)

20 Jul - EU: Update on transatlantic trade partnership, other trade items

10 Jul - CBP test program: Remote location filing procedures

9 Jul - CBP test program: ACE export manifest for air cargo

9 Jul - Refunds of duty drawbacks, “substitution drawbacks”

2 Jul - GSP product review: Competitive needs limitations, five cotton products

1 Jul - China: Free trade agreement with Australia

1 Jul - Nigeria: Customs union agreement

1 Jul - Review of license exception for exports to Cuba

1 Jul - USML temporary modification, for certain related software


June 2015

26 Jun - WCO: Guide on customs valuation, transfer pricing

Contact Us

For more information, contact a professional with KPMG’s Trade & Customs practice:

Douglas Zuvich | +1 (312) 665-1022 |

Andrew Siciliano | +1 (631) 425-6057 |


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