January 17, 2014

Name: Mohawk Global
Telephone: +

New AES and Other Requirements for Exports to Parties on the Unverified List

January 17, 2014 Global News

The U.S. government is making changes to the rules for exports involving a person on the Unverified List. The Unverified List is one of several government lists of parties of concern. Prior to shipping an item, exporters are required to confirm that the parties involved in the transaction do not appear on these lists. If…

Read More »

China Eliminates 6% VAT

January 17, 2014 Global News

Last year we informed you of a new 6% value added tax (VAT) imposed by the Chinese government on international transportation charges paid in China. Freight charges are now officially exempt from this tax, according to a news release posted on the Federal Maritime Commission's (FMC) website. The FMC reports that this exemption, which went…

Read More »