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Importers Score a Victory: Congress Scuttles CBP's "First Sale" Proposal |
June 5, 2008
Previously published on May 16, 2008
In a major victory for importer interests, Congress has taken action to scuttle, until at least 2011, U.S. Customs and Border Protection's ("CBP") highly controversial proposal to change its practice of determining the transaction value for a series of sales from the "first sale" to the "last sale" of such goods.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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