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Trade & Customs

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


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>> Read more KPMG reports and analysis of trade and customs issues on: Insights on Trade & Customs

Recent Articles

March 2018

23 Mar - U.S. Congress renews Generalized System of Preferences (GSP)

22 Mar - Trump proposes tariffs on Chinese goods

21 Mar - Spain: Retroactive transfer pricing adjustments, considerations for customs valuation purposes

20 Mar - Panama: Overview of Authorized Economic Operator (AEO) program

20 Mar - U.S. appeals court: Tariff classification of imported screws

20 Mar - U.S. customs automation program (eBond test) is extended

19 Mar - Trade and customs monthly summary and updates (March 2018)

19 Mar - U.S. Commerce: Imports of steel, aluminum subject to tariffs; exclusion requests

16 Mar - UK: EU infringement proceedings against the UK on customs duties and VAT

16 Mar - United States: Aluminum foil imported from China, rubber bands from China, Thailand subject to U.S. investigations

15 Mar - EU: Interactive e-books on customs and taxation

13 Mar - U.S. investigations of multi-domain instruments, video equipment, light engines

12 Mar - EU: Toys and automobiles top list of dangerous products detected

9 Mar - China: Customs policy update, summary of developments for February 2018

9 Mar - New Zealand: Provisional value system for imports, new customs law expected by October 2018

8 Mar - President Trump signs executive orders, tariffs on steel and aluminum imports

7 Mar - U.S. trade court: HTSUS classification of toilet paper holders

6 Mar - EU: Economic operators registration and identification number

5 Mar - U.S. investigation continues, imported large diameter welded pipe

5 Mar - EU: Customs electronic systems update

2 Mar - Australia: FAQs about goods and services tax (GST) on low-value imported goods, effective July 2018

August 2017

30 Aug - EU: Export controls, sanctions regarding trade with Russia, Iran, Venezuela

30 Aug - U.S. Commerce delays final determinations, Canadian softwood lumber investigations

29 Aug - Modification of Category XI (military electronics), United States Munitions List

28 Aug - U.S. foreign trade zones, recommendations in GAO report

25 Aug - U.S. Treasury’s issuance of Venezuela-related general licenses

24 Aug - Singapore company settles violations of Iranian transactions and sanctions

24 Aug - U.S. trade court: Components of imported cookware sets, preferential tariff treatment under GSP

23 Aug - USTR investigation, hearing, request for comments on Chinese technology transfer, intellectual property, and innovation

22 Aug - Request for comments on “Buy American” program

22 Aug - China: Implications of WCO advisory opinion, royalties and license fees

22 Aug - Free trade agreement between United States and Korea, discussions on modifications

21 Aug - UK: Customs considerations in light of “Brexit”

18 Aug - Singapore: “Global trader programme” expanded, concessionary income tax rates

18 Aug - U.S. company settles violations of Iranian transactions and sanctions

18 Aug - U.S. trade court: Claims of “tariff engineering” on imports of motor vehicles

17 Aug - NAFTA re-negotiations, initial impressions

16 Aug - NAFTA re-negotiations begin

16 Aug - China: Customs policy update, other developments for July 2017

15 Aug - U.S. national emergency continued, export control regulations

15 Aug - U.S. test program, foreign trade zone electronic admission applications

14 Aug - United States: Revised CCL list, dual-use goods and technologies

11 Aug - CBP expands ACE export manifest tests for air, rail, and vessel cargo

10 Aug - China: Customs clearance integration regime, launched on nationwide basis

10 Aug - U.S. company settles Iranian sanctions violations

2 Aug - U.S. trade court: Tariff classification of “LED candles”

July 2017

31 Jul - EU: Update on trade agreement (CETA) with Canada

27 Jul - U.S. administration and congressional Republican leaders' statement on tax reform; no border adjustability provision

27 Jul - Singapore company settles U.S. civil penalties, Iran sanction violations

25 Jul - U.S. policy on trade with Cuba; updated FAQs

25 Jul - U.S. trade court: Proper classification of gum base; not “food preparation”

24 Jul - U.S. trade meeting with UK representatives, ahead of “Brexit”

21 Jul - CBP air cargo advance screening program, extended additional year

20 Jul - U.S. oil company assessed $2 million penalty, Ukraine sanctions violations

20 Jul - EU: Over 41 million counterfeit goods seized during 2016

19 Jul - First round of NAFTA negotiations scheduled for August 2017

19 Jul - EU: Exchange of customs-related information with third countries, consultation

18 Jul - Federal Circuit: Tariff classification for storage unit components

18 Jul - China: Customs policy for June 2017; other selected country updates

18 Jul - NAFTA update: Ways and Means subcommittee hearing; USTR releases negotiating objectives

14 Jul - Japan: Agreement with EU would remove, reduce customs tariffs 

14 Jul - Proposed customs user fees and limitations, adjusted for inflation

12 Jul - Australia: Country of origin labelling requirements, sale of goods in Australia

12 Jul - Canada: Tariff relief under trade agreement with EU; generally effective 21 September 2017

12 Jul - CBP final rule: Updated data requirements on cargo exports

12 Jul - Sudan sanctions, FAQs extended review period until October 12

11 Jul - U.S. Trade court: No pre-importation review; irreparable harm not established

11 Jul - Myanmar: Foreign entities may trade in seeds, herbicides, medical equipment, construction materials; joint ventures no longer required

11 Jul - Netherlands: Potential trade, customs implications of “Brexit” on Dutch businesses

10 Jul - UK: Implications of Brexit negotiations; critical for retailers to understand supply chains at granular level

5 Jul - EU: Customs cooperation agreement with New Zealand

5 Jul - Japan: Retroactive transfer price adjustments, from customs valuation perspective

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

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 |


Read more about the professionals in KPMG’s Trade & Customs Services practice in the U.S.

Read more about KPMG’s Global Indirect Tax Services

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