online webinar 2019 - A Review of Customs Valuation - Issues and Dangers Live Webinar

Overview
This webinar will walk you through three key areas of Customs valuation for importers. First, the permissible reductions that can save you money on duties and fees and the mandatory additions that do the opposite. Second, when the use of Transaction Value is no longer permissible and what you can do about it. Third, post importation payments or adjustments that affect your stated customs valuation, including those not ordinarily recognized as such by many importers.
Why Should You Attend
You will learn how to save money by taking allowable reductions in Valuation and how to avoid problems with Customs by recognizing any mandatory adjustments that must be made either pre- or post-importation.
Session HIghlights
Concept of Transaction Value.
Permissive reductions in Valuation – how to identify and support them if challenged.
Mandatory Additions to Customs valuation – what they are and how to identify them.
Identifying and recognizing assists for Customs valuation purposes.
Spotting common and not so common adjustments to customs valuation.
The various types of “Related Parties” for Customs valuation purposes.
Alternatives to Transaction Value.
Which is the “best” alternative means of Valuation if you can’t use Transaction
Value.
Trends in Customs valuation issues.
key learning objectives of the Topic
Key permissible reductions in stated customs valuation – what they are and how to prove them
Mandatory additions to Valuation – avoiding the pitfalls and customs audits
Types of pre- and post-importation adjustments to Valuation often identified by Customs
How to document Valuation
What rates of currency exchange to use
Related Party transactions and how a Transfer Pricing Policy can protect the importer
Knowing who qualifies as “related parties”
Recent trends in Customs valuation investigations and penalty cases
Who will Benefit
Trade Compliance staff
Accounting
Marketing
Auditors
Product designers
Speaker
ROBIN GROVER is a licensed US customs broker and a trade lawyer with nearly 37 years’ experience in exports, imports, trade sanctions, foreign investment, and related topics. For years, he has taught numerous courses and presented voluminous numbers of webinars on virtually every topic involving or impacting international trade. He has also written numerous books and articles on aspects of exporting and importing. Robin is also the world champion of the History Channel, having won their game show tournament.