Certain electronic products used by consumers and businesses may be subject to customs duty when imported into the United States and other jurisdictions.
A recently signed World Trade Organization (WTO) trade agreement on information technology—known as the “ITA expansion”—acts as a second round of eliminating customs duties on a range of electronic products for import into a number of markets, including the United States. Read TaxNewsFlash-Trade & Customs
The White House on June 30, 2016, issued a presidential proclamation concerning implementation in the United States of the WTO declaration concerning the ITA expansion.
For more information, contact a professional with KPMG’s Trade & Customs practice:
Douglas Zuvich | +1 (312) 665-1022 | email@example.com
Andrew Siciliano | +1 (631) 425-6057 | firstname.lastname@example.org
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