EU-Japan Economic Partnership Agreement enter...
The goal of the Economic Partnership Agreement is to liberalize and facilitate trade and investment between the parties and to promote closer economic ties between them.…
Brexit: a never ending story?
Assuming the media is right and the deal between UK and EU will not be accepted by the House of Commons. What does this mean for trade between UK and EU? For sure another period of…
Economic Partnership Agreement between the EU...
On July 17, 2018, the EU and Japan signed a new Economic Partnership Agreement (EPA), with expected entry into force in the first half of 2019 after ratification by the European and…
Impact of non-tariff trade barriers as a resu...
The Ministry of Economic Affairs and Climate Policy commissioned KPMG and Meijburg & Co to prepare this Report.…
The impact of retroactive transfer pricing ad...
In short, the CJEU ruled that if the initial transfer price could be subject to retroactive adjustments, it cannot be used for customs valuation purposes.…
EU and Japan finalize Economic Partnership Ag...
Upon entry into force, tariffs on more than 90% of the exports from the EU to Japan will be eliminated.…
Recent developments concerning export control...
Complying with export controls and sanctions legislation is crucial for companies engaged in international trade.…
Customs duties refund opportunity extended fo...
The European Court of Justice (“CJEU”) ruled in favor of Meijburg & Co’s warranty and recall case (C-661/15).…
Recent developments concerning EU and U.S. ex...
Being compliant with export control and sanctions legislation is of great importance for companies engaged in international trade.…
Trade and Customs CETA update
On July 8, 2017, the Canadian Prime Minister, Justin Trudeau, and the President of the European Commission, Jean-Claude Juncker, issued a joint statement on reaching a date for the…
Global sanctions developments
There have been recent developments on the US sanctions against Cuba, Russia and Iran. In addition, various Arab nations recently imposed a boycott on Qatar.…
Roundtable on EU Export Control reform
On April 11, 2017 the KPMG Meijburg & Co Export Control and Sanctions team organized a well-attended roundtable on EU Export Control reform, more specifically on the newly introduced Human…
EU Export Control Reform - Update
Even though the legislative process is still ongoing, in practice we see that various EU export control authorities have already started applying particular aspects of the proposed…
European Parliament approves EU – Canada free...
The EU Parliament has now paved the way for CETA to enter into force provisionally, once Canada completes its ratification procedures.…
Registered Exporter in the Generalized System...
Within the framework of the Generalized System of Preferences (GSP) a new system for certification of the origin of goods, the Registered Exporter system (REX; Registered Exporter), was…
Major reform of EU Dual-Use legislation; Cybe...
On September 28, 2016, the European Commission proposed to update the current EU dual-use regulation (no. 428/2009) for export control in order to modernize the system “to keep up with…
Developments concerning EU export controls an...
We would like to bring some recent interesting developments concerning EU export controls and sanctions to your attention.…
Brexit: the tax consequences of the UK refere...
We give an overview of the tax consequences and shortly address the impact for the Netherlands as regards direct taxes.…
Developments in EU and US sanctions legislati...
We would like to point out some recent interesting developments in EU and US sanctions legislation and international case law.…
Commission issues notice on the notion of Sta...
The 68 page communication is intended to provide clarification on the key concepts relating to the notion of State aid as referred to in Article 107(1) TFEU and is available in full in the…
Export of products subject to excise duty or...
We would like to point out some anomalies in the UCC regarding products subject to excise duty or export formalities and a CJEU judgment in a case regarding the qualification of shortages…
Introduction of ‘domestic sale’ concept helps...
Last week we informed you about the draft guidance published by the European Commission regarding the new customs valuation provisions under the UCC and its Implementing Regulation. That…
Alert - Customs Valuation- April 2016
In February we provided you with an update regarding the customs valuation implications under the Union Customs Code per 1 may 2016. Based on (draft) guidance received in the previous two…
ITA: EU import duties on a wide range of elec...
A new WTO trade agreement on Information Technology – the Information Technology Agreement (ITA) – has recently been signed.…
EU and U.S. sanctions relief for Iran – some...
It has been over two months since the UN, EU and U.S. partially lifted their nuclear-related economic and financial sanctions against Iran on January 16, 2016.…
Trade & Customs News, editie 6
1. Union Customs Code – some implications as of May 1, 2016 2. Transactional Delegated Act (TDA) 3. Canada and EU reach breakthrough on new approach on investment 4. Ombudsman…
Update on US sanctions against Cuba and Iran...
The US eased its sanctions against Cuba and a number of Iranian banks were reconnected to the SWIFT system.…
ABOLISHMENT OF EU FIRST SALE HAS FAR-REACHING...
Although mitigation of the negative impacts seems to be possible, it usually requires long-term planning as companies will likely have to implement operational changes.…
Free Trade Agreement between the EU and Vietn...
It is expected that the EU – Vietnam FTA will enter into force by the end of 2017 / early 2018.…
IRAN SANCTIONS RELIEF
The International Atomic Energy Agency (IAEA) has verified that Iran has implemented its nuclear-related commitments under the Joint Comprehensive Plan of Action (JCPOA).…
Trade & Customs News, edition 5
Table of Contents 1. Update on union customs code 2. Update iran sanctions and eu dual-use list for export controls 3. 2015 global trade management survey 4. Possible ban on fishery…
UPDATE IRAN SANCTIONS – EU DUAL-USE
Please find below an update on the recent developments on the sanctions relief for Iran and the upcoming changes in the EU Dual-Use list for Export Controls.…
Customs valuation developments update
On October 22, 2015, a new draft version of the Implementing Regulation of the Union Customs Code (UCC) was published. With regard to customs valuation, there are new developments on the…
Trade & Customs News, edition 4
Table of Contents 1. Update on the Union Customs Code 2. Information Technology Agreement (ITA) extended: list of IT products available 3. Update on the Generalized Scheme of Tariff…
Customs valuation developments
New developments have been identified regarding the transaction value and the ‘sunset clause’.…
Trade & Customs News, edition 3
Table of Contents 1. Latest news on TTIP 2. WCO’s new Guide to Customs Valuation and Transfer Pricing 3. Update on the Union Custom Code 4. Classification of…
Iran nuclear deal
On July 14, 2015, the E3/EU+3 (United States, United Kingdom, Germany, France, Russia and China) and Iran reached agreement on the final text of a Joint Comprehensive Plan of Action…
Iran sanctions: an update
The most recent constructive discussions between the E3+3 and Iran resulted on 2 April 2015 in a high-level agreement on key parameters of a Joint Comprehensive Plan of Action (JCPOA),…
Union Customs Code - Transitional Measures pe...
On 1 May 2016 the Union Customs Code and its implementing and delegated act (new Code) will become applicable. As from that date, the new Code will replace the Community Customs Code and…
Trade & Customs News, edition 1
Table of Contents 1. ECJ to clarify conditions for classification of sets 2. Possible retroactive tariff duty suspension on certain heavy oils 3. Temporary importation of means of…
Tax Intelligence Solution
Do you want to identify your VAT risks and opportunities on time, based on facts, so that you can subsequently take appropriate action? And do you want to spare your IT colleagues a lot of…
Generalized System of Preferences (GSP) 2014...
NEW EU GENERALISED SCHEME OF PREFERENCES (EU GSP) AS OF 2014: UPDATE We refer to our past trade and customs alert from December 2012 and would like to recall that as of January 1, 2014 the…
Customs Checklist
Meijburg & Co’s Customs checklist can provide you with insight into the question of whether you qualify for a customs procedure. Businesses that utilize such customs procedures can often…
Trade & Customs
Our customs team is designed to offer our clients an optimally flexible and beneficial application of EU customs regulations and extensive support in disputes with the customs authorities…
Customs duties vs. VAT; strict vs. flexible?
The Court of Justice of the European Union recently ruled that a customs debt arises if administrative obligations are not met. This is also the case if the goods were re-exported; a fact…